AdvisorSmith Discovers U.S. Cities With the Most and Least Unemployment from Coronavirus

NEW YORK - June 11, 2020 - PRLog -- AdvisorSmith, a leading information resource for business advice and original research, released a new study that found the U.S. cities with the most and least unemployment due to the coronavirus pandemic.

Coronavirus has had massive, widespread impacts on the lives and economies of Americans; however, these effects have not been evenly distributed around the country. With different states, cities, and municipalities handling restrictions differently, as well as the varying levels of infection, the unemployment levels have varied throughout the country.

Because of the economic impact of the pandemic, AdvisorSmith took a detailed look at the unemployment situation in 389 metropolitan cities around the country and ranked them to determine the top 10 small, midsize, and large cities with the most and least unemployment driven by coronavirus. To determine the ranking, the study used data from the Local Area Unemployment Statistics published by the US Bureau of Labor Statistics and compared the unemployment rate in January 2020 before the pandemic to the rate in April 2020 with the most recent data available.

Interesting findings:

• Cities most affected included tourist-driven economies in Hawaii, Las Vegas, and Atlantic City.
• Cities in the midwest in Michigan, Indiana, and Ohio were the most affected in the country.
• Cities in Connecticut and Missouri were among the least affected by coronavirus unemployment.

To view the original report visit: https://advisorsmith.com/data/cities-with-the-most-and-le...

AdvisorSmith is a leading information resource for small business owners. AdvisorSmith empowers small businesses with original research and insights into trends to help them succeed. For more information, go to https://advisorsmith.com or follow us on Twitter @AdvisorSmithInc.