Vermont ranks better for unemployment claims than nearly every other state

Vermont Business Magazine While 100,000 Vermonters have filed for unemployment since the start of the COVID-19 crisis, the state is doing far better than most in new claims filed by the end of May. The coronavirus pandemic has been incredibly destructive to US jobs, forcing nearly 43 million workers into unemployment since March 16. Millions of businesses closed as customers sheltered in place, forcing layoffs borne from a lack of revenue. Even though all states have now started to reopen, the employment situation continues to worsen.

This week, there were nearly 1.9 million new unemployment claims nationwide, compared to 219,000 during the same week last year. However, not all states have experienced the same levels of unemployment due to the pandemic.

Total new claims in Vermont were 1,465, down 87 from the week before but 1,060 more than. Ongoing claims were 47,781, down 4,056 from the week before but 44,376 more than last year.

Vermont ranked 49th for the most recent week for which WalletHub had data and 47th since the beginning of the pandemic. Georgia has seen the highest percentage of layoffs and Florida is second, but with the most last week.

To identify which states’ workforces have been hurt the most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims during the latest week for which they have data (May 25) and overall since the beginning of the coronavirus crisis (March 16). WalletHub used this data to rank the most impacted states for both periods.

States Hit Most by Unemployment Claims Due to COVID-19

Source: WalletHub

State

Most Affected Last Week

Most Affected Since Start of COVID-19 Crisis

Florida 1 2
Georgia 2 1
Maine 3 13
Oklahoma 4 12
Mississippi 5 17
Kentucky 6 4
New Hampshire 7 3
Virginia 8 5
North Carolina 9 6
Maryland 10 22
Louisiana 11 7
Indiana 12 8
Texas 13 33
District of Columbia 14 16
Alaska 15 49
South Carolina 16 10
Michigan 17 11
Tennessee 18 24
California 19 48
Colorado 20 15
Hawaii 21 23
Kansas 22 32
Arizona 23 42
Nevada 24 21
Alabama 25 20
Delaware 26 25
New Mexico 27 28
Minnesota 28 14
Washington 29 18
South Dakota 30 9
Massachusetts 31 31
Nebraska 32 29
Illinois 33 43
Wisconsin 34 46
Connecticut 35 50
North Dakota 36 19
Utah 37 37
Oregon 38 51
New York 39 35
West Virginia 40 27
Ohio 41 26
Rhode Island 42 34
Wyoming 43 45
Missouri 44 30
Pennsylvania 45 36
Arkansas 46 44
New Jersey 47 41
Montana 48 40
Vermont 49 47
Idaho 50 39
Iowa 51 38

Rank 1 = Most Affected.

Detailed Findings

State

Increase in Unemployment Claims (2020 vs 2019)*

Increase in Unemployment Claims (May vs January 2020)**

Increase in Unemployment Claims (May vs Start of COVID-19 Crisis)***

Florida 3358.28% 4371.50% 3918.27%
Georgia 3210.13% 768.08% 4642.12%
Maine 3088.32% 572.94% 2591.95%
Oklahoma 1671.74% 1190.72% 2596.32%
Mississippi 1117.34% 1932.68% 2127.50%
Kentucky 1680.82% 726.92% 3747.52%
New Hampshire 1590.76% 774.78% 3906.99%
Virginia 1248.49% 910.10% 3106.97%
North Carolina 1210.30% 937.63% 3083.78%
Maryland 1091.75% 687.12% 1999.38%
Louisiana 607.50% 1094.81% 3007.96%
Indiana 1022.85% 432.05% 2924.17%
Texas 736.30% 763.76% 1605.99%
District of Columbia 761.46% 634.30% 2185.70%
Alaska 703.49% 696.94% 1141.88%
South Carolina 955.36% 154.13% 2670.56%
Michigan 897.93% 210.71% 2601.60%
Tennessee 489.50% 638.78% 1926.15%
California 562.61% 527.62% 1143.54%
Colorado 650.28% 397.82% 2223.92%
Hawaii 681.29% 325.53% 1954.85%
Kansas 580.30% 416.54% 1667.74%
Arizona 441.12% 604.57% 1258.58%
Nevada 489.34% 513.03% 2007.13%
Alabama 609.63% 334.92% 2055.43%
Delaware 660.51% 238.97% 1860.56%
New Mexico 374.17% 632.92% 1768.98%
Minnesota 665.19% 208.05% 2239.04%
Washington 610.53% 247.90% 2095.63%
South Dakota 600.00% 260.55% 2801.51%
Massachusetts 615.67% 187.13% 1691.23%
Nebraska 415.56% 367.24% 1765.77%
Illinois 444.05% 294.96% 1257.49%
Wisconsin 566.83% 94.69% 1204.52%
Connecticut 571.75% 81.71% 1083.92%
North Dakota 463.27% 204.55% 2080.62%
Utah 444.23% 229.12% 1547.44%
Oregon 458.75% 190.53% 1063.32%
New York 530.99% 85.04% 1569.69%
West Virginia 424.88% 189.96% 1778.51%
Ohio 383.70% 221.94% 1847.57%
Rhode Island 481.99% 39.30% 1581.12%
Wyoming 337.73% 190.94% 1210.81%
Missouri 311.50% 156.07% 1740.91%
Pennsylvania 320.87% 84.86% 1559.58%
Arkansas 209.38% 212.50% 1211.04%
New Jersey 311.43% 67.26% 1269.34%
Montana 279.66% 84.82% 1336.44%
Vermont 241.23% 103.24% 1156.33%
Idaho 245.23% 16.17% 1451.08%
Iowa 215.26% 50.89% 1454.18%

*Refers to the increase in the number of unemployment insurance initial claims in the week of May 25, 2020 compared to the week of May 27, 2019.
**Refers to the increase in the number of unemployment insurance initial claims in the week of May 25, 2020 compared to the week of January 1, 2020.
***Refers to the increase in the Number of Unemployment Insurance Initial Claims between the weeks of March 16, 2020 to May 25, 2020 compared to the weeks of March 18, 2019 to May 27, 2019.

Red States vs. Blue States

Source: WalletHub 6.4.2020 https://wallethub.com