Monday, August 24, 2020

Analysis shows covid's impact on state economies; Thursday, Aug. 27 webinar will discuss more details

A new report provides a wealth of data on the state-level economic impact of the coronavirus pandemic across industries and in terms of overall employment. The report by the University of New Hampshire's Carsey School of Public Policy, is illustrated with plenty of charts, graphs and maps.

Here are the report's key findings:
  • Every state is "well down" from February employment levels. Eleven states have payroll job losses of more than 10 percent, and 47% of states have lost more than 5% of jobs.
  • States with more covid-19 cases in July saw worse job growth.
  • In every state, lower-wage industries have lost far more jobs than high-wage industries.
  • Thirty-nine states are down more jobs than they were during the Great Recession.
A webinar on Thursday, Aug. 27, will discuss the report and will include a Q&A session with the authors. The free webinar will take place at 2 p.m. ET. Click here for more details or to register.

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