America is not yet back to its pre-pandemic normal, but some states are already doing better economically than they were before Covid, according to the Back-to-Normal Index created by CNN and Moody's Analytics
South Dakota, Florida, Rhode Island, Nebraska and Idaho are all thriving, operating at or above where their economies were in early March 2020 before the pandemic forced businesses to shutter and workers and students to stay home.The index is composed of a basket of economic indicators that includes unemployment rates, claims for jobless benefits, consumer spending and consumer behavior.
Read MoreNew York -— the pandemic's epicenter in the early months of the outbreak — has the furthest to go to get back to normal. The state is operating at only 79% of its pre-pandemic level, and its April unemployment rate was the third highest in the nation at 8.2%, behind only Hawaii and California.The data show, once again, how uneven the recovery is.The labor market is recovering at different paces, too.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Climate Change Could Batter World’s Wealthiest Economies Twice As Badly As Covid, Oxfam SaysEven the richest countries aren’t immune to global warming.
Read more »
Fauci says U.S. must vaccinate more people before Delta becomes dominant Covid variant in America“In the U.K., the Delta variant is rapidly emerging as the dominant variant ... It is replacing the B.1.1.7,” Dr. Fauci said today. “We cannot let that happen in the United States.”
Read more »
Uganda re-imposes lockdown to beat back COVID-19 case surgeUganda's President Yoweri Museveni on Sunday re-imposed a strict lockdown that included the closure of schools and the suspension of inter-district travel to help beat back a surge in COVID-19 cases in the East African country.
Read more »
Washington State Approves 'Joints For Jabs' COVID-19 Vaccine PromotionThe Evergreen State is allowing cannabis retailers to offer a free joint to people getting their coronavirus shot in an effort to increase vaccinations.
Read more »
Washington state allows free marijuana with COVID vaccinesSeveral U.S. states have set up promotions and lotteries to encourage residents to get their COVID vaccines.
Read more »