Cities Whose Unemployment Rates Are Bouncing Back Most – WalletHub Study

7/1/20

The latest jobs report shows the national unemployment rate at 13.3%, which is 10% below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today released its report on the Cities Whose Unemployment Rates Are Bouncing Back Most, as a follow-up to our report on the States Whose Unemployment Claims Are Recovering the Quickest, along with accompanying videos and audio files.

This report uses new data from the Bureau of Labor Statistics, which recently disclosed that it erroneously didn’t count many workers on temporary layoffs as unemployed. Therefore, the real unemployment rate may be around 23 percent higher than reported, and our report includes both the official rate and an “adjusted” rate based on this error.

Below, you can see highlights from the report, along with a WalletHub Q&A.
Most Recovered Cities
1. Lincoln, NE11. Glendale, AZ
2. Washington, DC12. Tempe, AZ
3. Omaha, NE13. Phoenix, AZ
4. New Haven, CT14. Scottsdale, AZ
5. Gilbert, AZ15. Albuquerque, NM
6. Las Cruces, NM16. Cheyenne, WY
7. Mesa, AZ17. Augusta, GA
8. Chandler, AZ18. Billings, MT
9. Peoria, AZ19. Baltimore, MD
10. Tucson, AZ20. Lexington-Fayette, KY

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.