(The Heart Sq.) – 4 Washington state cities made WalletHub’s listing of almost 200 municipalities ranked by way of unemployment price bounce again within the aftermath of the COVID-19 pandemic: Seattle, Spokane, Tacoma, and Vancouver.
In its report, the non-public finance web site examined 180 cities by evaluating every metropolis’s unemployment price through the newest month for which knowledge is out there, March, to unemployment charges for March 2019, March 2020, March 2021, and January 2020. WalletHub additionally thought-about every metropolis’s total unemployment price.
“Of the 4 Washington cities included within the report, Seattle is the very best ranked, at quantity 13,” WalletHub analyst Jill Gonzalez defined in an electronic mail to The Heart Sq.. “The town is amongst these the place unemployment charges are bouncing again essentially the most as a result of it has the largest drop (over 60%) within the variety of unemployed folks in March 2022 in comparison with March 2020, which is when the pandemic began. The general unemployment price in Seattle is 2.1%, the sixth lowest nationwide and considerably smaller than the common of three.6%.”
The opposite Washington cities on the listing didn’t fare as effectively, Gonzalez identified.
“The opposite three Washington cities, Spokane, Tacoma and Vancouver rank within the backside 25 cities with the slowest restoration,” she mentioned.
Tacoma was the bottom ranked Washington metropolis on the listing, coming in at No. 172. Vancouver was ranked No. 163, and Spokane was ranked No. 159.
There have been varied causes for the three cities’ decrease placement on the listing, Gonzalez famous.
“Spokane and Tacoma registered very small drops within the variety of unemployed folks in comparison with March 2020 – lower than 10%, whereas Vancouver truly had nearly 5% extra unemployed folks in March 2022 in comparison with March 2020,” she mentioned. “When in comparison with the identical time final yr, the variety of unemployed folks within the three cities is decrease by solely about 20%, one of many smallest percentages within the nation. Plus, the general unemployment price in these three cities is above 5%, increased than the common of three.6%.”
Arizona cities accounted for eight of the highest 10 cities on the listing. Cities in Vermont made up the opposite two.
The highest 10 cities by way of unemployment charges bouncing again:
1. Scottsdale, Arizona
2. Tempe, Arizona
3. Gilbert, Arizona
4. Burlington, Vermont
5. Chandler, Arizona
6. Mesa, Arizona
7. Glendale, Arizona
8. South Burlington, Vermont
9. Peoria, Arizona
10. Phoenix, Arizona
The underside 10 cities by way of unemployment charges bouncing again:
180. Detroit, Michigan
179. Cleveland, Ohio
178. Dover, Delaware
177. New York, New York
176. New Orleans, Louisiana
175. North Las Vegas, Nevada
174. Fayetteville, North Carolina
173. Bridgeport, Connecticut
172. Tacoma, Washington
171. Wilmington, Delaware