By Ellen Fike, Cowboy State Daily
Wyoming continues to have strong unemployment recovery rates, according to a recent national ranking.
The state placed ninth nationally for improvements in its unemployment rate seen since the coronavirus pandemic began in mid-March, according to personal finance website WalletHub.
This is one spot higher than the state’s ranking last week. Missouri took the top recovery spot this week, after being ranked 20th last week.
Louisiana had the worst unemployment recovery rates in the country for the last week, dropping from 46th place.
WalletHub compared the 50 states and the District of Columbia across three metrics based on changes in unemployment claims.
Wyoming’s unemployment claims from the week of Sept. 17 compared to the same week in 2019 are up by 150.18%, while claims have only increased by 6.95% since the beginning of 2020, the study said.
Red states’ unemployment rates are recovering faster this week, WalletHub found.
This news comes the same week the Wyoming Department of Workforce Services announced that the state’s unemployment rate was at 6.6% in August, down from 7.1% in July.
The state’s jobless rate has decreased in each of the past four months and is currently lower than the United States average rate of 8.4%.