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These 7 states are showing early signs of a coronavirus job market recovery

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in near 1.5 million, yet again.

The latest swath of applications brings the total amount of jobless claims to more than 47 million over the past three months, wiping out the 20 million jobs added over the last decade by a two-to-one margin.

Read more: Coronavirus: How to find a job in a tough economy

But some states are beginning to show a recovery from the spike in unemployment applications as coronavirus lockdowns went into effect. A Yahoo Finance review of jobless claims data from the U.S. Department of Labor shows that Rhode Island, Michigan, and Vermont have seen the strongest early signs of a bottoming out to a return to normal.

Comparing each state’s average weekly jobless claims totals over the past seven weeks

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These 3 states are showing early signs of a job market recovery

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in above 1.5 million, yet again.

The latest swath of applications brings the total amount of jobless claims to more than 45 million over the past three months, wiping out the 20 million jobs added over the last decade by a two-to-one margin.

Read more: Coronavirus: How to find a job in a tough economy

But some states are beginning to show a recovery from the spike in unemployment applications as coronavirus lockdowns went into effect. A Yahoo Finance review of jobless claims data from the U.S. Department of Labor shows that Rhode Island, Vermont and Michigan have seen the strongest early signs of a bottoming out to a return to normal.

Comparing each state’s average weekly jobless claims totals over the past six weeks

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These 5 states are showing early signs of a job market recovery

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in above 1.5 million, yet again.

The latest swath of applications brings the total amount of jobless claims to more than 44 million over the past three months, wiping out the 20 million jobs added over the last decade by a two-to-one margin.

Read more: Coronavirus: How to find a job in a tough economy

But some states are beginning to show a recovery from the spike in unemployment applications as coronavirus lockdowns went into effect. A Yahoo Finance review of jobless claims data from the U.S. Department of Labor shows that Rhode Island, Montana, and Vermont have seen the strongest early signs of a bottoming out to a return to normal.

Comparing each state’s average weekly jobless claims totals over the past six weeks

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Job Advertisements Continue Slide During May

Demand for US jobs among Russell 3000 companies continued to slip as job advertisements during May fell 18.7% compared to April as companies face continued uncertainty due to the COVID-19 pandemic. Hiring demand has fallen especially among higher paying positions. This is according to labor market intelligence firm Greenwich.HR, which tracks hiring and pay behaviors.

‘Companies pulled back aggressively on hiring starting in April, and continued uncertainty is driving hiring levels even lower,’ Says Cary Sparrow, CEO Greenwich.HR. ‘Open listings in every sector are down dramatically.’

The recent relaxation of social distancing across many states is having no apparent effect on hiring outlook among the Russell 3000. ‘Companies appear to be taking stock of the course of any recovery before committing to hiring for new positions. Many larger companies are redeploying workers where possible, and taking stock of hiring options now that many remote work strategies have proven viable. All

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These 10 states are showing early signs of a job market recovery

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in above 1.5 million, yet again.

The latest swath of applications brings the total amount of jobless claims to more than 42 million over the past 11 weeks, wiping out the 20 million jobs added over the last decade by a two-to-one margin.

But some states are beginning to show a recovery from the spike in unemployment applications as coronavirus lockdowns went into effect. A Yahoo Finance review of jobless claims data from the U.S. Department of Labor shows that Rhode Island, Vermont, and Michigan have seen the strongest early signs of a bottoming out to return to normal.

Comparing each state’s average weekly jobless claims totals over the past five weeks to the five weeks beginning in mid-March, which brought a record amount of

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