The record-breaking spike in U.S. jobless claims data published Thursday diverse in its effect on American workers based on the condition as governors throughout the nation instituted various combinations of restrictions and closures to help slow the spread of COVID-19.
However, the claims for state unemployment benefits were concentrated in Rhode Island, Nevada, Pennsylvania, Massachusetts, New Jersey and Washington state with 63.6, 59.8, 57.9, 38.6, 34.2 and 33.7 claims annually,000 employees, respectively. The information is for jobless figures through the end of last week.
In other words, those were the nations that saw the most extreme surges in claims when controlling for differences in the size of each nation’s labor force.
Alaska, Illinois, Nebraska and Hawaii also saw a number of the most concentrated lumps in unemployment filings, according to the unadjusted Labor Department data.
Looking at complete unemployment unadjusted for state population, Pennsylvania came out on top with greater than 378,000 employees filing for benefits, up 363,000 in the previous week’s print of only 15,439. That is a more than two,000% growth.
Ohio employees filing for state unemployment climbed from 7,046 in the week ended March 14 to 187,784 in the week ended March 21, a surge of over 180,000.
The U.S. Labor Department issued a special notice on top of its launch Thursday morning describing the coronavirus’s effect on the jobless claims data.
“During the week ending March 21, the increase in initial claims are due to the impacts of the COVID-19 virus. Nearly every state providing comments cited the COVID-19 virus impacts,” the authorities said.
“States continued to cite services industries broadly, particularly accommodation and food services,” that the Labor Department added. “Additional industries heavily cited for the increases included the health care and social assistance, arts, entertainment and recreation, transportation and warehousing, and manufacturing industries.”
The state-level information is very likely to change in the weeks ahead as more people are laid off or governors roll back company restrictions and closures if they see the virus as receding.
However, the headline jobless claims numbers set records for the single-largest amount of American workers seeking unemployment gains in one week for an eye-popping 3. 28 million.
The figure shattered the fantastic Recession summit of 665,000 in March 2009 and the all-time mark of 695,000 in October 1982. The previous week, which ended March 14, represented the period before the worst of the coronavirus hit and watched only 282,000 claims.
— CNBC’s Jeff Cox contributed reporting.
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