New York and Connecticut were among the top 10 states recording tremendous job losses as a result of the COVID-19 pandemic, according to a new data analysis from LendingTree.
New York ranked third among the states on the list, with 1.9 million fewer workers on payroll during April compared to one year earlier, a 19.4% year-over-year decline. Connecticut ranked 10th, dropping 276,800 paid workers from April 2019 to April 2020, a 16.4% year-over-year decline.
On a regional measurement, the Northeast recorded the most job losses during the pandemic”™s economic tumult, taking nine of the top 12 rankings for states with the greatest workforce disruptions.
Michigan saw the greatest year-over-year proportional decline in workers on payroll in April, with a 23% plummet, while Utah saw the least workforce turmoil with 7% year-over-year slippage.
Better: Governor-induced job losses