With the U.S. gaining 916,000 jobs in February and the United States hose unemployment rates are bouncing back most NYS is lagging behind.
WalletHub compared the 50 states and the District of Columbia based on five key metrics that compare unemployment rate statistics from the latest month for which we have data (March 2021) to key dates in 2019 and 2020.
Below, you can see highlights from the report, along with a WalletHub Q&A.
Unemployment Recovery in New York (1=Most Recovered, 25=Avg.):
- 105.30% Change in Unemployment (March 2021 vs March 2019)
- 798,744 unemployed people in March 2021 vs 389,059 in March 2019;
- 5th worst recovery in the U.S.
- 102.26% Change in Unemployment (March 2021 vs January 2020)
- 798,744 unemployed people in March 2021 vs 394,915 in January 2020;
- 3rd worst recovery in the U.S.
- 90.38% Change in Unemployment (March 2021 vs March 2020)
- 798,744 unemployed people in March 2021 vs 419,555 in March 2020;
- 3rd worst recovery in the U.S.
- 158.36% Change in Not Seasonally Adjusted Continued Claims (March 2021 vs March 2019)
- 393,122 continued claims in March 2021 vs 152,162 in March 2019;
- 14th worst recovery in the U.S.
- 8.5% Unemployment Rate (March 2021)
- 2nd highest unemployment rate in the U.S.
