COVID and New Job Postings in US – Dropped 29% between the week of March 2 and the week of March 23

The greatest jobs impact from the coronavirus pandemic isn’t necessarily in states with the highest number of reported cases but in states most dependent on industries like manufacturing and tourism.

Nationwide, new job postings dropped 29% between the week of March 2 and the week of March 23, according to a newly released Burning Glass Technologies research. Many states with reported COVID-19 cases and early social distancing restrictions saw declines in job postings comparable to the national average, such as New York (29%), and Washington state (27%).

Yet other states with lower per capita reported cases saw much larger declines in job postings, including Maine (49%), Nevada (47%), Florida (43%), Wisconsin and Hawaii (both 41%), and Minnesota (39%). The state with the second-highest number of cases, New Jersey, saw a below-average drop in job postings (14%). The hardest-hit state is Louisiana, with a 64% drop in postings. Louisiana is third in per capita reported cases and is also heavily dependent on the accommodations industry.

Chosen excerpts by Job Market Monitor. Read the whole story @  COVID-19