10 Worst Cities for Virus-Related Unemployment
(Related: 12 Worst States for Virus-Related Job Losses)
The coronavirus pandemic has taken a devastating toll on the U.S. job market. The latest weekly Labor Department report, released Thursday, showed total job losses of more than 30 million since businesses began shutting down six weeks ago. Many of the jobs lost have been in nonessential industries that are closed down, such as tourism, entertainment and dining, but even businesses that remain open have been hit hard by the shock to the economy and have laid off workers, according to a new report from WalletHub. Some American cities have fared much worse than others. WalletHub examined the year-over-year increase in unemployment rate in major cities through March, the latest month for which statistics were available. (April unemployment figures are due out May 8.) Researchers compared 180 of the largest U.S. cities — including the 150 most populated ones, plus at least one of the most populated cities in each state — and reported data on the 130 most affected. See the gallery for the 10 U.S. cities with the largest increase in COVID-19-related unemployment. --- Related on ThinkAdvisor:
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