To determine the number of unemployment claims in each state, 24/7 Wall St. reviewed the total initial unemployment claims for each week from the week ending March 21, 2020, through the week ending April 25, 2020 — a total of six weeks. Unemployment claims figures are not seasonally adjusted and are from the Department of Labor.
To calculate unemployment claims from March 15 through April 25 as a share of each state’s labor force, we used the unadjusted number of claims over that six week period and the total size of the labor force (not seasonally adjusted) as of February 2020 from the Bureau of Labor Statistics Current Employment Statistics.
The identification of high-risk industries comes from a March 2020 paper, “COVID-19: A Fiscal Stimulus Plan,” published by Moody’s Analytics, an economic research company. Employment data by industry came from the Bureau of Labor Statistics’ Quarterly Census of Employment and Wages and are annual estimates for 2018.
The projected unemployment rate by state for July 2020 came from a report published on April 1 by the Economic Policy Institute, a nonpartisan, nonprofit think tank.