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Here Are the States Where Unemployment Claims Are Dropping the Quickest

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The number of Americans receiving jobless benefits fell below 20 million for the first time in two months, according to the Bureau of Labor Statistics.

The BLS further reported that the largest decreases in initial jobless claims for the week ending June 20 came in Oklahoma, Kentucky, Oregon, Georgia and Texas while the largest increases were in California, Maryland, Indiana, Pennsylvania and New Jersey.

Meanwhile, the highest unemployment rates in the country for the week ending June 6 were Nevada (22.6 percent), Puerto Rico (20.6), Hawaii (18.3), New York (17.8), California (17.3), Michigan (16.9), Louisiana (16.2), Massachusetts (16.2) and Connecticut (15.8).

According to Wallethub, though Connecticut still has one of the highest unemployment rates, it has also seen the quickest drop in overall unemployment claims since the start of COVID-19.

Oregon came in second, followed by Vermont, New Jersey, Arkansas, California, Wisconsin, Wyoming, Illinois and Alaska.

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The number of people seeking unemployment benefits nationwide fell to 1.48 million last week, which was slightly below the previous week’s level of 1.54 million.

The latest numbers are significantly below the 7 million claim peak in mid-March.

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For the week ending June 13, there were approximately 19.5 million Americans receiving unemployment payments, which was down 767,000 from the previous week.

The unemployment rate nationally was 12.3 percent for the same time period, a decline of 0.3 percent (page 2 BLS report).

“The claims trend mirrors shifts in other segments of the economy, indicating conditions have improved since hitting a low earlier in the crisis but have much ground to regain,” The Wall Street Journal reported.

“There’s still this two tracks of this ongoing hemorrhaging of jobs while we also see a lot of people getting rehired,” said Heidi Shierholz, a senior economist at the Economic Policy Institute.

Economists are anticipating a strong monthly jobs report for June when it is released next week, with 3 million jobs added, according to Bloomberg.

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If accurate, that figure will come on top of the surprise 2.5 million additional jobs in May, as the unemployment rate dropped from 14.7 to 13.3 percent.

“This is a rocket ship,” Trump said of the May jobs numbers.

“We made a big step in our comeback.”

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Randy DeSoto has written more than 2,000 articles for The Western Journal since he joined the company in 2015. He is a graduate of West Point and Regent University School of Law. He is the author of the book "We Hold These Truths" and screenwriter of the political documentary "I Want Your Money."
Randy DeSoto is the senior staff writer for The Western Journal. He wrote and was the assistant producer of the documentary film "I Want Your Money" about the perils of Big Government, comparing the presidencies of Ronald Reagan and Barack Obama. Randy is the author of the book "We Hold These Truths," which addresses how leaders have appealed to beliefs found in the Declaration of Independence at defining moments in our nation's history. He has been published in several political sites and newspapers.

Randy graduated from the United States Military Academy at West Point with a BS in political science and Regent University School of Law with a juris doctorate.
Birthplace
Harrisburg, Pennsylvania
Nationality
American
Honors/Awards
Graduated dean's list from West Point
Education
United States Military Academy at West Point, Regent University School of Law
Books Written
We Hold These Truths
Professional Memberships
Virginia and Pennsylvania state bars
Location
Phoenix, Arizona
Languages Spoken
English
Topics of Expertise
Politics, Entertainment, Faith




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