Wallethub recently released a report that shows states with the biggest increases in unemployment due to COVID-19. To determine how severely COVID-19 has impacted unemployment in each state, the following metrics were factored into the calculations:
- Increase in Unemployment Insurance Initial Claims in 2020 vs. 2019
- Increase in Number of Unemployment Insurance Initial Claims in 2020
- Increase in Number of Unemployment Insurance Initial Claims Since Start of COVID-19 Crisis vs. the Same Period Last Year
With rankings closer to “1” being the states that have higher rates of unemployment due to COVID-19, and “52” being the states that have lower rates of unemployment, Missouri has a central ranking compared to the rest of the nation. The following chart reflects the impact COVID-19 has inflicted upon Missouri unemployment:
|Most Affected Last Week||Most Affected Since Start of COVID-19 Crisis||Increase in Unemployment Claims (2020 vs. 2019)||Increase in Unemployment Claims (April vs. January 2020)||Increase in Unemployment Claims (April vs. State of COVID-19 Crisis)|
To view the full report, click here.