Study: States Experiencing the Quickest Recovery of Unemployment Claims

Staff Report

Friday, July 28th, 2023

New unemployment claims decreased by 3% week-over-week on July 17, amid the slowing of inflation. To help add some context to this statistic, WalletHub just released updated rankings for the States Where Unemployment Claims Are Decreasing the Most

Key Stats:

  • Every state had unemployment claims last week that were lower than in the previous week except for Colorado and Vermont.
     
  • Every state had unemployment claims last week that were lower than in the same week pre-pandemic (2019) except for West Virginia, Hawaii, Tennessee, Nebraska, Idaho, California, Nevada, Texas, Connecticut, Georgia, New Mexico, New York, Oregon, Indiana, Minnesota, Colorado, Utah, Vermont and Ohio.
     
  • Surprisingly, 29 states – including Vermont, Ohio, and Massachusetts – had unemployment claims last week that were worse than the same week last year. 

Decreased Most Last Week

Decreased Least Last Week

1. South Carolina

42. Hawaii

2. Kentucky

43. District of Columbia

3. Mississippi

44. Oregon

4. Arkansas

45. Massachusetts

5. Alabama

46. West Virginia

6. Michigan

47. Utah

7. Missouri

48. California

8. Maine

49. Colorado

9. Maryland

50. Ohio

10. Wisconsin

51. Vermont

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-unemployment-claims/72730