Pennsylvania’s workforce is continuing to experience one of the quickest recoveries in unemployment in the nation in sixth place, according to a newly released WalletHub report.
To determine which states are recovering from COVID-19 the fastest, WalletHub compared the 50 states and the District of Columbia across three metrics based on changes in unemployment claims over three different periods.
The Keystone State saw a Change in Unemployment Claims (Latest Week vs Last Year) of 253.52 percent, or 51,200 the week of June 22, 2020, compared to 14,483 the week of June 24, 2019. This places it in seventh place nationwide.
Pennsylvania recorded the tenth quickest recovery in Change in Unemployment Claims (Latest Week vs Start of 2020) at 87.56 percent, or 51,200 the week of June 22, 2020, compared to 27,298 the week of January 1, 2020.
Finally, the Change in Unemployment Claims (Since Start of COVID-19 Crisis vs. Last Year) was at 1,105.58 percent.
Pennsylvania recorded 2,166,992 unemployment claims between the week of March 16, 2020, and the week of June 22, 2020, compared to 196,005 between the week of March 18, 2019, and the week of June 24, 2019. This puts it in thirteenth place.
Read more about unemployment claims recovery at the WalletHub by clicking here.
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