Texas Unemployment Claims Continue To Recover
As the coronavirus pandemic continues in America, the financial and unemployment recoveries are continuing as well. Some states are recovering faster than others though and for Texas, it seems to be a mixed bag.
According to WalletHub, Texas has ranked as the 23rd fastest state to recover from the high unemployment totals we saw. However, it seems like Texas' recovery has slowed down. According to the same study, Texas ranked 37th in unemployment recovery within the last week.
Change in Texas Weekly Unemployment Claims (1=Quickest Recovery, 25=Avg.):
- 304.50% Change in Unemployment Claims (Latest Week vs Last Year)
- 49,644 the week of September 7, 2020 vs 12,273 the week of September 9, 2019
- 25th slowest recovery in the U.S.
- 301.42% Change in Unemployment Claims (Latest Week vs Start of 2020)
- 49,644 the week of September 7, 2020 vs 12,367 the week of January 1, 2020
- 9th slowest recovery in the U.S.
- 1,011.61% Change in Unemployment Claims (Since Start of COVID-19 Crisis vs Last Year)
- 3,467,866 between the week of March 16, 2020 and the week of September 7, 2020 vs 342,807 between the week of March 18, 2019 and the week of September 9, 2019
- 23rd quickest recovery in the U.S.
Oregon, so far has had the fastest recovery according to WalletHub while Kansas has had the slowest. To view more findings, visit WalletHub's website.