Vt. at top, Mass at bottom on lowering jobless claims from pandemic highs

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With the U.S. gaining 638,000 jobs in October and the national unemployment rate at 6.9% compared to the nearly historic high of 14.7% at the peak of the coronavirus pandemic, WalletHub today released updated rankings for the States Whose October Unemmployment Rates Are Bouncing Back Most.

In order to identify the states with the best recovery in unemployment, WalletHub compared the 50 states and the District of Columbia based on four key metrics. We looked at the change in each state's unemployment during the latest month for which we have data (October 2020) compared to October 2019 and January 2020. We also compared not seasonally adjusted continued claims in October 2020 to October 2019. Finally, we considered each state's overall unemployment rate.

Below, you can see highlights from the report, along with a WalletHub Q&A.

Bounced Back Most Bounced Back Least
1. Iowa 42. Arizona
2. Nebraska 43. Maryland
3. Vermont 44. Massachusetts
4. Missouri 45. District of Columbia
5. South Dakota 46. New Mexico
6. Montana 47. New York
7. Utah 48. California
8. Minnesota 49. Louisiana
9. Alaska 50. Nevada
10. South Carolina 51. Hawaii

To view the full report and your state's rank, please visit:

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