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Updated almost 5 years ago on . Most recent reply

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Nirav Shah
  • New to Real Estate
  • Boston, MA
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Viz Alert 3 - Jobless Claims

Nirav Shah
  • New to Real Estate
  • Boston, MA
Posted

Viz Alert 3 - Jobless Claims 

Series: Department of Labor - weekly unemployment claims

10 million workers file jobless claims in the last two weeks of March as the all-out effort to slow the coronavirus slammed the economy. The 6.65 million jobless claims filed in the week ended March 28 were more than double the previous record of 3.31 million in the prior week, totaling as many claims in two weeks as in the first six months of the Great Recession.

The states recording the biggest increases last week were California (878,727), Pennsylvania (405,880), New York (366,403), Michigan (311,000), Texas (276,000), Ohio (272,000), Florida (227,000) and New Jersey (206,000) based on unadjusted data.

Percent increase in weekly unemployment claims from last week, ending March 28, was even higher than the previous week’s record-breaking total. Only Minnesota, New Hampshire, Nevada, and Rhode Island saw a mild decrease in new claims. 

#DatadrivenREI #Dataviz #DataAnalytics #Tableau

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Colleen F.
  • Investor
  • Narragansett, RI
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Colleen F.
  • Investor
  • Narragansett, RI
Replied

The per capita rate also sheds some light on what is happening because of course California will be highest with the number of residents being so large.  Those states that rely on tourism are hit hard. This link shows a map. 

https://www.cnbc.com/2020/04/0...

I wonder how the reliability of the state software system correlates with drops in claims.  Some state systems are just  overwhelmed. 

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