Wallethub recently came out with an updated unemployment report that illustrates how quickly Missouri is rebounding from heightened unemployment. With #1 being the fastest recovery, and #51 being the slowest recovery, Missouri ranks #9 in the nation.
This report ranked each state with the following parameters:
- Unemployment Rate (July 2020)
- Change in Unemployment (July 2020 vs. July 2019)
- Change in Unemployment (July 2020 vs. January 2020)
- Not Seasonally Adjusted Continued Claims (July 2020 vs. July 2019)
The following chart reflects the progress the state has made to reemploy associates over the past couple of months:
Overall Rank | State | Unemployment Rate (Jul 2020) | Change in Unemployment (July 2020 vs. July 2019) | Change in Unemployment (July 2020 vs. January 2020) | Not Seasonally Adjusted Continued Claims (July 2020 vs. July 2019) |
9 | Missouri | 7.20% | 91.30% | 69.30% | 662.80% |
To read the full report, click here.
MM&E