Georgia has 2nd largest unemployment increase due to COVID-19

The U.S. unemployment rate is still on an upward trend, with roughly 30.3 million Americans now having lost their jobs since the start of the coronavirus pandemic, despite the fact that some states have already begun to selectively reopen businesses. Today, WalletHub released updated rankings for the states with the biggest increase in unemployment as a result of shelter in place edits to help stop the spread of COVID-19.

To identify which states’ workforces have been hurt most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. We used this data to rank the most impacted states in both the latest week for which we have data (April 20) and over all since the beginning of the coronavirus crisis (March 16). To view the full report and your state’s rank, please visit:

https://wallethub.com/edu/states-with-the-biggest-increase-in-unemployment-due-to-coronavirus/72730/

Increase in Georgia Unemployment Due to Coronavirus (1=Worst, 25=Avg.): 

  • 5,841.62% Increase in Unemployment Claims (April 2020 vs April 2019) 
    • 264,818 the week of April 20, 2020 vs 4,457 the week of April 22, 2019
    • 2nd highest increase in the U.S.
       
  • 1,452.27% Increase in the Number of Unemployment Claims (April 2020 vs January 2020) 
    • 264,818 the week of April 20, 2020 vs 17,060 the week of January 1, 2020
    • 15th highest increase in the U.S.
       
  • 4,999.06% Increase in Unemployment Claims Since Pandemic Started 
    • 1,367,494 between the week of March 16, 2020 and the week of April 20, 2020 vs 27,355 between the week of March 18, 2019 and the week of April 22, 2019
    • The highest increase in the U.S.