Maryland Is the State with the 5th Worst Unemployment Rate Recovery Compared to February 2019, According to Study

With the U.S. gaining 678,000 jobs in February, exceeding the previous month’s 481,000 jobs, personal finance website WalletHub today released updated rankings for the States Whose Unemployment Rates Are Bouncing Back Most to illustrate which areas of the country have had the best recovery so far.

According to this study, Maryland comes in as the 5th worse, in terms to unemployment rate recovery, in the nation.

In order to identify the states whose unemployment rates are bouncing back most, WalletHub compared the 50 states and the District of Columbia based on six key metrics that compare unemployment rate statistics from the latest month for which data is available (February 2022) to key dates in 2019, 2020 and 2021.

Below, you can see Maryland highlights from the report:

Unemployment Recovery in Maryland (1=Most Recovered, 25=Avg.):

  • 45.34% Change in Unemployment (February 2022 vs February 2019)
    • 159,002 unemployed people in February 2022 vs 109,401 in February 2019;
    • 3rd worst recovery in the U.S.
  • 17.47% Change in Unemployment (February 2022 vs January 2020)
    • 159,002 unemployed people in February 2022 vs 135,354 in January 2020;
    • 19th worst recovery in the U.S.
  • 12.91% Change in Unemployment (February 2022 vs February 2020)
    • 159,002 unemployed people in February 2022 vs 140,822 in February 2020;
    • 19th worst recovery in the U.S.
  • -11.89% Change in Unemployment (February 2022 vs February 2021)
    • 159,002 unemployed people in February 2022 vs 180,453 in February 2021;
    • 3rd worst recovery in the U.S.
  • -25.86% Change in Not Seasonally Adjusted Continued Claims (February 2022 vs February 2019)
    • 24,007 continued claims in February 2022 vs 32,382 in February 2019;
    • 19th best recovery in the U.S.
  • 5.0% Unemployment Rate (February 2022)
    • 7th highest unemployment rate in the U.S.

To view the full report and your state’s rank, please visit: https://wallethub.com/edu/states-unemployment-rates/74907

Recent Stories

The Magruder High School Colonels baseball team will be hosting the Rockville High School Rams as part of their annual Spring Fling baseball festival this Saturday, April 27.

Wootton High School assistant principal Stephanie Labbe sent a message to the school community providing an update on the bomb threat that caused Wootton to be in Shelter-in-Place for approximately…

Montgomery County Executive Marc Elrich is set to deliver his “State of the County” address next week in Rockville.

Detectives from the Montgomery County Department of Police – 3rd District Investigative Section are asking for the public’s assistance in locating Anthony Horace Jr., a missing 74-year-old from Silver Spring.

FEST OF SPRING Caribbean Wine Food & Music Festival

Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.

Step into a world where the Caribbean spirit comes alive! From 12:00 PM onwards, immerse yourself in a sensory journey that celebrates the unique culture, cuisine, and music of the Caribbean. Whether you're an African American, a Reggae or Soca music enthusiast, a wine lover, or part of the vibrant Caribbean diaspora, this festival promises to delight and captivate you in every way.

Let the enticing aromas of mouthwatering Caribbean dishes tantalize your taste buds. Feast on traditional delicacies prepared by expert chefs, showcasing the rich and diverse culinary heritage of the Caribbean. Indulge in flavorful jerk chicken, succulent seafood, and delectable plantain dishes that will transport you straight to the islands.

Accompanying the culinary extravaganza is a carefully curated selection of premium wines, ensuring the perfect pairing for your palate. Sip on fine wines from renowned vineyards, each sip a reflection of the Caribbean's vibrant spirit. Discover new flavors, expand your wine knowledge, and savor unforgettable moments with every glass.

As the sun sets, get ready to groove to the infectious rhythms of Caribbean music. Feel the pulsating beats of reggae, soca, dancehall, and calypso, moving your body to the lively melodies. Live performances by talented musicians and performers will keep the energy high, ensuring a night of unforgettable entertainment.

Don't miss this opportunity to embrace the Caribbean spirit and celebrate the arrival of spring in style! Tickets are available on AllEvents, so secure your spot today. Join us at the FEST OF SPRING Caribbean Wine Food & Music Festival, where cultures collide and unforgettable memories are made.

LIVE PERFORMANCES By: CULTURE Feat. Kenyatta Hill, EXCO LEVI, IMAGE BAND, RAS LIDJ REGG'GO with Special Guest SUGAR BEAR FROM E.U. & MORE! & MORE!

MUSIC By: DJ ABLAZE, DJ SMALLY & NAJ SUPREME

2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES

KIDS 12 & UNDER FREE!!!

×

Subscribe to our mailing list