cupure logo
2025trumpseptemberweekhighworldopentaxheresroad

The US has more job seekers than open jobs. These 10 states are seeing the biggest increases in unemployment claims.

The US has more job seekers than open jobs. These 10 states are seeing the biggest increases in unemployment claims.
Job seekers seeking employment in 2015Bob Riha, Jr./Getty ImagesThere are officially more job seekers than open jobs in the US labor market.Unemployment claims increased by 3.5% week-over-week at the end of August, WalletHub found.Connecticut and Tennessee saw the fastest-growing rates of unemployment claims.If you feel like job opportunities are hard to come by right now, it's not just you.The Bureau of Labor Statistics' latest report on job openings and labor turnover, released on Wednesday, showed that, for the first time since April 2021, there are more job seekers than job openings in the US, Reuters reported.At 0.99 openings per unemployed person, compared to the 1.05 rate in June, it's the first time job seekers have outnumbered openings since April 2021, when the rate was 0.96.The bureau's jobs report, released Friday, showed that 22,000 jobs opened up in August, short of the expected 75,000. The unemployment rate slightly increased to 4.3%.A WalletHub study released Thursday shed light on how unemployment is hitting each of the US states and Washington, DC. Using data from the Labor Department, it ranked all 50 states and DC based on the percentage increase in unemployment claims between the week of August 18 and August 25. It also considered how the number of claims compared to those made a year ago, and calculated the number of claims per 100,000 people in the labor force.Overall, WalletHub found that the week-over-week increase in unemployment claims in the US averaged 3.5%."The dynamic has shifted towards employers when it comes to hiring as employers have slowed their hiring rate significantly, but employers are reluctant to reduce headcount as they recall the challenges of hiring a few years ago," Daraius Irani, the vice president of business and public engagement at Towson University, said in the WalletHub report.Here are the 10 places where unemployment claims are increasing the most, per WalletHub.10. CaliforniaOakland, California.Thomas Winz/Getty ImagesUnemployment claims per 100,000 people in the workforce: 198Week-over-week increase in unemployment claims: 3.56%Increase in unemployment claims in 2025 compared to last year: 11.47%9. New YorkNew York City skyline.TTstudio/ShutterstockClaims per 100,000 people in the workforce: 167Week-over-week increase: 12.20%Increase in unemployment claims in 2025 compared to last year: 13.69%8. MississippiHighways converge in downtown Memphis, Tennessee, as they approach the Mississippi River.John Coletti/Getty ImagesClaims per 100,000 people in the workforce: 97Week-over-week increase: 35.68%Increase in unemployment claims in 2025 compared to last year: 6.92%7. VirginiaSky Noir Photography by Bill Dickinson/Getty ImagesClaims per 100,000 people in the workforce: 52Week-over-week increase: 3.84%Increase in unemployment claims in 2025 compared to last year: 43.77%6. OregonPortland, Oregon© Allard Schager/Getty ImagesClaims per 100,000 people in the workforce: 190Week-over-week increase: 12.17%Increase in unemployment claims in 2025 compared to last year: 18.58%5. IllinoisChicago was ranked the No. 10 city for entertainment and recreation.Moses P/ShutterstockClaims per 100,000 people in the workforce: 170Week-over-week increase: 13.74%Increase in unemployment claims in 2025 compared to last year: 28.61%4. NebraskaLincoln, Nebraska.John Coletti/Getty ImagesClaims per 100,000 people in the workforce: 86Week-over-week increase: 63.21%Increase in unemployment claims in 2025 compared to last year: 35.08%3. District of ColumbiaOrhan Cam/ShutterstockClaims per 100,000 people in the workforce: 158Week-over-week increase: 4.67%Increase in unemployment claims in 2025 compared to last year: 105.36%2. TennesseeAdina Olteanu/Getty ImagesClaims per 100,000 people in the workforce: 163Week-over-week increase: 103.09%Increase in unemployment claims in 2025 compared to last year: 18.68%1. ConnecticutThe average life expectancy in Connecticut is 79.2 years.f11photo/ShutterstockClaims per 100,000 people in the workforce: 317Week-over-week increase: 89.26%Increase in unemployment claims in 2025 compared to last year: 17.62%Read the original article on Business Insider

Comments

Business News