These 4 states have fully regained the jobs lost during the pandemic
New York (CNN Business)America's job market hasn't fully recovered yet. But some states are already back to normal.
2022-01-25 20:24:21 - VI News Staff
In November, Texas and Arizona joined Utah and Idaho in recouping all their pandemic job losses, according to a report by ratings agency Fitch.
In comparison, California and New York were at only 70% and 60% of their pre-pandemic employment levels, respectively.
This highlights just how uneven the recovery has been. States that were more affected by the waves of the pandemic and had tighter restrictions to fight the outbreak are lagging behind in recovering from their Covid job losses.
After record job losses at the start of the pandemic, nearly all states have recovered at least half of those lost jobs, with the exception of Hawaii and Wyoming, according to Fitch.
States like Hawaii, which relies on tourism, are still hamstrung by the pandemic. Meanwhile, New York has a more diversified economy but was an epicenter of the outbreak right at the start of the health crisis, which is leaving marks.