Thursday, December 1, 2022
Hawai'i Free Press

Current Articles | Archives

Tuesday, April 6, 2021
State Economies Hit the Most by Coronavirus -- Hawaii #3
By Selected News Articles @ 3:46 AM :: 1794 Views :: Hawaii Statistics, COVID-19

State Economies Hit the Most by Coronavirus

from Wallet Hub, Apr 5, 2021

Coronavirus isn’t just a danger to Americans’ health. It’s also a menace to our wallets. Due to the pandemic, many states still have restrictions on businesses, though the country is gradually reopening more and more as vaccination increases. The U.S. is still struggling to recover from the unemployment caused by business closures, too. While the federal government has helped mitigate some of this damage through multiple rounds of business loans, direct stimulus payments to individuals and increased unemployment benefits, it will take a long time for state economies to fully recover. That’s especially true in states that depend heavily on the industries that were most affected by the pandemic.

Some states are better positioned economically to deal with the coronavirus pandemic than others. To find out the states whose economies are hit the most by COVID-19, WalletHub compared the 50 states and the District of Columbia across 13 unique metrics. Their data set ranges from the share of employment from small businesses to the share of workers with access to paid sick leave and the increase in unemployment insurance claims….

read … Full Report

State Economies Most Exposed to Coronavirus

Overall Rank  3
State Hawaii
Total Score  56.75
Highly Affected Industries & Workforce  2
Resources for Businesses to Cope Better with the Crisis  10

 

GDP Generated by Highly Affected Industries as Share of Total State GDP Ranking

Overall Rank  2
State Hawaii
Total Score  61.61
Accommodation and Food Services  1
Arts, Entertainment, and Recreation  9
Retail Trade  10
Mining, Quarrying, and Oil and Gas Extraction  40
Educational Services  20
Real Estate and Rental and Leasing  1
Other Services (except Government and Government Enterprises)  8

 

Share of Employment from Highly Affected Industries Ranking

Overall Rank  5
State Hawaii
Total Score  56.84
Accommodation and Food Services  1
Arts, Entertainment and Recreation  20
Advertising, Public Relations and Related Services  40
Retail Trade  18
Transportation  1
Oil and Gas Extraction  27
Educational Services  45
Health Care and Social Assistance  19
Real Estate, Rental and Leasing  1
Employment Services  34
Other Services, Except Public Administration  17

 

Note: With the exception of “Total Score,” all of the columns in the tables above depict the relative rank of that state, where a rank of 1 represents the worst conditions for that metric category.

 

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Life Alliance

Hawaii March for Life 

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT