U.S. Cities With Highest Rates of Unemployment
The U.S. job market has made great strides in its recovery since the early days of the COVID-19 pandemic. In April 2020, the unemployment rate skyrocketed to 14.7%, the highest it's been since the Great Depression. But since spring of 2020, the unemployment rate has fallen steadily and currently stands below 4%, just slightly higher than the pre-pandemic rate of 3.5%. While all sectors of the economy were impacted by the pandemic and shutdown in early 2020, some parts of the economy have bounced back more quickly than others.
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