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As of 2022, the unemployment rate reached its pre-pandemic levels - nevertheless, in many key aspects and industries, the U.S. economy has not completely recovered from the COVID-19 pandemic. A growing digital gap emerged in the United States following the pandemic, despite non-digital enterprises being more dynamic than in the European Union .
While some states saw a huge increase, others kept poverty rates at pre-pandemic levels — largely because they provided unemployment benefits to a higher share of their populations.
Unemployment in the US by state (and 2 cities) for FY 2021 Unemployment by County (November 2021) Unemployment in the United States discusses the causes and measures of U.S. unemployment and strategies for reducing it. Job creation and unemployment are affected by factors such as economic conditions, global competition, education, automation ...
The COVID-19 pandemic led to a massive drop in persons in the labor force. According to Pew Research Center, from February 2020 to February 2021 an estimated 4.2 million people left the labor force because of COVID-19, 2.4 million of which were women. [47] [48] As a result, women's participation in the labor force was at a 30-year low. [49]
The COVID-19 pandemic has revealed and exacerbated inequalities through uneven effects across social domains. [11] Some of these impacts include disproportionate financial toll, crime, education, human rights, xenophobia and racism, disproportionate impacts by gender, and racial inequalities.
Hawaii is suffering from the worst job market in the United States. Here are the other states in trouble.
Let’s look at the data. Black unemployment: Record low set in 2023 under Biden. The record low for the Black or African American unemployment rate, 4.8%, was set under Biden in April 2023. That ...
Virginia, with a GDP of $712.9 billion, ranked as the 13th largest state in terms of GDP among the 50 states of the United States. Virginia's economy is larger than countries such as Belgium, Sweden, Ireland, and Norway. Virginia is also among the wealthiest states in the US, boasting a GDP per capita of $81,794, which ranks 19th as of 2023.