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Except in the Midwest.
According to a WalletHub report issued Thursday, nearly every
state in the nation has made employment gains since March 2020.
Exceptions include Wisconsin, Illinois, Indiana, Michigan, and
Ohio.
North Dakota, Georgia, California, Colorado, and Utah also fared
poorly according to research by WalletHub, a personal finance
website approaching a decade in business.
WalletHub ranked all 50 states and the District of Columbia from
one for quickest employment recovery to 51 for the slowest.
Since the beginning of the pandemic, Indiana ranks 51st, Ohio
49th, Michigan 46th, Illinois 41st, and Minnesota 37th.
Wisconsin fared somewhat better, ranking 23rd for the slowest
recovery since the beginning of the pandemic. Iowa ranked third
in the nation for slowest recovery since the beginning of the
pandemic.
Methodology for reporting in this statistical ranking was based
on the change in number of unemployment insurance initial claims
two years after the pandemic started versus the pre-pandemic
year. This, WalletHub says, “refers to the change in the number
of unemployment insurance initial claims between the weeks of
March 7, 2022, to June 6, 2022, compared to the weeks of March
4, 2019, to June 3, 2019.
Data was supplied by the U.S. Department of Labor.
WalletHub says 22.7 million jobs were added to the U.S. economy
since the Jan. 1, 2010 end of the Great Recession compared to
the 22 million jobs lost during the COVID-19 pandemic. Since May
2020, 22.2 million jobs were recovered nationwide.
Bruce Walker is a regional editor at The Center
Square. He previously worked as editor at the Mackinac Center
for Public Policy’s MichiganScience magazine and The Heartland
Institute’s InfoTech & Telecom News. |
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