Maryland is having a successful recovery from new unemployment claims, with last week’s claims lower than in the same week in 2019, according to WalletHub’s updated rankings for the States Whose Unemployment Claims Are Recovering the Quickest.
The U.S., in general, is making significant progress in the fight against COVID-19 with the distribution of the vaccine and boosters, and this has been reflected in the job market, despite new unemployment claims increasing slightly week-over-week on February 28.
Per the report:
There are currently 6.3 million Americans unemployed due to the COVID-19 pandemic in total, though, and it’s important to look at some key stats for the latest week to get the full picture:
Key Stats (for Maryland):
- Weekly unemployment claims in Maryland decreased by 40.21% compared to the same week in 2019. This was the 4th biggest decrease in the U.S.
- Weekly unemployment claims in Maryland decreased by 56.68% compared to the start of 2020. This was the 16th biggest decrease in the U.S.
- Weekly unemployment claims in Maryland decreased by 77.61% compared to the same week last year. This was the 14th biggest decrease in the U.S.
Nearby DC had unemployment claims last week that were worse than the same week last year.
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