12 Worst States for Virus-Related Job Losses

Start Slideshow

(Related:  Gary Shilling: 13 Predictions for a Post-Coronavirus World)

On March 11, the World Health organization declared COVID-19 a pandemic. Businesses everywhere hung up “closed” signs in accordance with coronavirus-related social distancing policies, bringing the American economy nearly to a standstill.

As a result, some 22 million workers have found themselves temporarily or permanently unemployed. Many furloughed or laid-off employees will grapple with money issues in the weeks and months ahead, even with government stimulus checks and enhanced unemployment benefits.

However, research by WalletHub shows that levels of unemployment have been uneven across the country.

WalletHub ranked the 50 states and the District of Columbia by the increase in number of unemployment insurance initial claims between the weeks of March 16 and April 6 this year, compared with the weeks of March 18 to April 8, 2019.

See the gallery for the states with the biggest increases in unemployment due to the coronavirus.

— Related on ThinkAdvisor:

• IRI Unveils 5 Ideas for Curing COVID-19 Nest Egg Blight
• 10 Sources of Cash in a Crisis, Ranked: Morningstar’s Benz
• Gary Shilling: 13 Predictions for a Post-Coronavirus World

Start Slideshow