The fallout of the coronavirus pandemic took a brutal turn after a record 6.6 million Americans filed for unemployment last week. Those eye-opening numbers trump the previous record – 3.27 million jobless claims – which was filed just the week prior, according to information released by the Department of Labor.
On Friday, the Bureau of Labor Statistics announced that unemployment jumped to 4.4% in March, up from 3.5% in February, which was a 50-year low.
In total, the US lost 701,000 jobs in the month.
An economist told NBC News that the actual number of unemployment claims could be much higher because applications had trouble filing after state labor departments became overwhelmed with applications.
As the coronavirus crisis continues, unemployment will continue to rise — and it’s being seen the most in Louisiana, according to a survey.
Personal finance website WalletHub compared the 50 states and the District of Columbia on two metrics to compile its rankings: unemployment claim increases for the week of March 23 compared to the same week in 2019 and the first week of 2020.
Increase in Unemployment Claims (March vs. January 2020)
When comparing the number of unemployment claims from Jan. to March 2020, Louisana had the highest change at about 5,800%, according to the survey. Flordia was the second highest (4,815%) followed closely by North Carolina, New Hampshire, and Virginia.
However, Connecticut was least affected by a 322% rise in unemployment claims between the period. Oregon, Wyoming, and Georgia also had modest rises, while New York — the epicenter for the coronavirus outbreak — had the fifth-lowest rise in unemployment claims at 717%.
Increase in Unemployment Claims (2020 vs. 2019)
In the last year, Indiana saw the highest rise in unemployment claims. The state jumped by 7,093%, the biggest rise of any state in the US.
Michigan, New Hampshire, North Carolina, and Louisiana also had some of the highest percentage increases over that period, according to the survey.
Oregon had the lowest change in unemployment claims from 2020 to 2019 of 920%. Alaska, Connecticut, Illinois, and Wisconsin also reported low changes.