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The number of jobs lost as a result of the coronavirus closes continues to rise, with the last weekly total of Americans claiming that unemployment stands at 860,000.
The latest wave of programs brings the total number of unemployment claims to around 60 million since the pandemic began shaking the labor market in March, eliminating the 20 million jobs created over the past decade over a three-to-one margin.
Read more: What to do if you lose your job
While some states have noticed that demands for tasks fall from record levels after the coronavirus pandemic hit the us employment image. But it’s not the first time In March, some have stubbornly suffered major task losses months after recovery. In some states, unemployment rates have reached 20%.
According to the Ministry of Labour’s most recent report, which divides the unemployment rate of policyholders (a proportion of others receiving unemployment benefits divided by the labor force) through August 29, Hawaii has recently suffered the worst picture of employment with a safe unemployment rate in California steadily to the list with an unemployment rate of 17. 3%. Nevada remained in 3rd position with its own insured unemployment rate of 15. 6%. All 3 states suffer from a particularly higher insured unemployment rate than the national average for the same week to 9. 3%.
New York and the U. S. territory of Puerto Rico are among the five worst task markets, with guaranteed unemployment rates of 15% and 14. 1%, respectively.
Compared to prepandemic levels, these unemployment rates are particularly higher than those of the worst states recorded in the week ended February 22. At the time, Alaska was leading the country with an unemployment rate similar to just 2. 9%. now in the most affected states, they have dropped slightly from the peaks recorded in months before. Nevada, for example, saw its unemployment rate through more than 10 percentage points, up to about 16% from 27% in the week ended May 9.
Looking at unemployment statistics published in August through the Bureau of Labor Statistics, which measures unemployment through the most classic proportion of unemployed relative to the duration of the labor force, Massachusetts recorded the unemployment rate of this metric by July at 16. 1%. . followed through New York with 15. 9%.
As an earlier Yahoo Finance review of knowledge of homework programs for the unemployed showed, some states are recovering faster than others, however, they all still face variable economic constraints similar to coronavirus control.
Zack Guzman is the host of YFi PM as senior editor and on-air reporter covering entrepreneurship, cannabis, start-ups and the latest news at Yahoo Finance. Follow him on Twitter @zGuz.
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