[June 09, 2021]

KBRA Releases Research - Coronavirus (COVID-19): Certain States' Unemployment Rates Remain Sticky Despite Continued Improvement

Kroll Bond Rating Agency (KBRA) releases commentary on the trends in the April 2021 state-level unemployment data.

In this installment of our series on state unemployment rates, KBRA examines April 2021 state data released on May 21 and national data published on June 4. The U.S. unemployment rate continued its downward trend in May, coming in at 5.5% versus 5.7% in April and 6.2% in March. While underlying data continue to reveal some differences in unemployment trends across states, KBRA notes that unemployment rates in California, Hawaii, and Nevada remain quite elevated.

Click here to view the report.

Related Publications

• COVID-19: Retail Sales Flat in April 2021 but Remain at Record High; Lagging Retail Categories Rebound
• Coronavirus (COVID-19): March 2021 Unemployment Rates-Continued Signs of Improvement
• Coronavirus (COVID-19): Retail Sales Surge in March 2021 on Stimulus Checks and Continued Reopening
• Coronavirus (COVID-19): January Unemployment Rate-A Surprise Uptick?

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA's ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210609005848/en/

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