ASTORIA — By some measures, Oregon is doing best in the U.S. in terms of bouncing back from the coronavirus crisis job-loss crisis, according to WalletHub, a financial services company.
"Despite the fact that the U.S. is still battling coronavirus, new unemployment claims [nationwide] decreased week-over-week on Sept. 28, and were 88% below the peak during the COVID-19 pandemic," the firm said in a press release.
Oregon was rated as "most recovered," based on three measurements:
• A 13% change in jobless claims in the latest week compared to a year earlier.
• A 41% drop in jobless claims in the latest week compared to the start of 2020.
• A 578% gain in jobless claims since the start of the COVID crisis compared to last year.
Although the overall picture these numbers paint is still negative, Oregon is in far better shape than most states. In Washington state, for example, jobless claims were up 204% in the most recent week compared to the year before; there was an 85% drop in jobless claims since the start of 2020; and there were 1122% more since the start of the crisis.
The worst-off states, according to WalletHub, are Kansas and Florida. For example, Kansas saw a 1022% increase in jobless claims in the most recent week compared to the same week in 2019.