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Wednesday, May 4, 2022
Unemployment Bounce Back? Honolulu Ranks 156th
By Selected News Articles @ 6:19 PM :: 922 Views :: Hawaii Statistics, Labor, COVID-19

Cities Whose Unemployment Rates Are Bouncing Back Most

Wallet Hub, Apr 27, 2022

The COVID-19 pandemic was disastrous for U.S. employment, but the job market has healed a lot due to the distribution of the vaccine and the loosening of most restrictions. The national unemployment rate is currently at 3.6%, which is 76% lower than the peak of 14.7% during the height of the pandemic, but still slightly above the historic low it experienced prior to the coronavirus crisis. Some cities’ jobs have weathered the storm better than others, though.

In order to identify where workers have been most affected by the coronavirus pandemic, WalletHub compared 180 cities based on five key metrics. They looked at the change in each city’s unemployment during the latest month for which we have data (March 2022) compared to March 2019, March 2020, March 2021 and January 2020. They also considered each city’s overall unemployment rate.

read … Full Report

HONOLULU 156th of 180 Cities

Unemployment Rate (March 2022)  3.20%
Change in Unemployment (March 2022 vs March 2019)  25.25%
Change in Unemployment (March 2022 vs January 2020)  42.77%
Change in Unemployment (March 2022 vs March 2020)  65.69%
Change in Unemployment (March 2022 vs March 2021)  -38.51%
Recovery from Unemployment (March 2022 vs January 2020)  176th
Recovery from Unemployment (March 2022 vs March 2020)  179th

 

 

 

  

 

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