With the U.S. economy slowing to a crawl and 22 million Americans finding themselves out of work since March 16, the COVID-19 virus continues to plague lives and livelihoods. Countless businesses have been forced to shut their doors in accordance with the resulting social distancing policies, with many businesses shutting down and laying off workers across the country.
While Americans have started to receive their government stimulus checks, those who are jobless continue to struggle. But not all states have experienced the same levels of unemployment due to the pandemic. Florida, especially, has been hit hard by a statewide lockdown, according to the latest report from WalletHub.
— WalletHub (@wallethub) April 16, 2020
In the new study conducted by the personal-finance website, Florida ranked 11th for the States with the Biggest Increases in Unemployment Due to Coronavirus. The ranking comes as Florida jobless claims jump to 181,293 for the week of April 6.
To identify which states’ workforces have been hurt most by COVID-19, the website compared the 50 states and the District of Columbia based on increases in unemployment claims. They used this data to rank the most impacted states in both the latest week for which we have data (April 6) and overall since the beginning of the coronavirus crisis (March 16).
Here are some of the biggest categories that contributed to Florida’s ranking.
Increase in Florida Unemployment Due to Coronavirus (1=Worst, 25=Avg.):
- 2,757.26% Increase in Unemployment Claims (April 2020 vs April 2019)
- 181,293 the week of April 6, 2020 vs 6,345 the week of April 8, 2019
- 23rd highest increase in the U.S.
- 3,825.79% Increase in the Number of Unemployment Claims (April 2020 vs January 2020)
- 181,293 the week of April 6, 2020 vs 4,618 the week of January 1, 2020
- 4th highest increase in the U.S.
- 2,794.29% Increase in Unemployment Claims Since Pandemic Started
- 653,975 between March 16, 2020 and April 6, 2020 vs 23,404 between March 18, 2019 and April 8, 2019
- 23rd lowest increase in the U.S.
For the full report, click HERE.