States Whose Unemployment Rates Are Bouncing Back Fastest

Staff Report

Thursday, August 26th, 2021

With the U.S. gaining 943,000 jobs in July, exceeding expert predictions, WalletHub today released updated rankings for the States Whose Unemployment Rates Are Bouncing Back Most, along with accompanying videos and audio files, to illustrate which areas of the country have had the best recovery so far. 

In order to identify the states whose unemployment rates are bouncing back most, WalletHub compared the 50 states and the District of Columbia based on five key metrics that compare unemployment rate statistics from the latest month for which data is available (July 2021) to key dates in 2019 and 2020.

Below, you can see highlights from the report, along with a WalletHub Q&A. 

Bounced Back Most 

Bounced Back Least 

1. Nebraska

42. Louisiana

2. Utah

43. New Jersey

3. Idaho

44. Illinois

4. South Dakota

45. Connecticut

5. Alabama

46. New Mexico

6. New Hampshire

47. Colorado

7. Vermont

48. New York

8. Montana

49. California

9. Kansas

50. Nevada

10. Oklahoma

51. Hawaii

To view the full report and your state’s rank, please visit: https://wallethub.com/edu/states-unemployment-rates/74907