New Survey Shows New Jersey Is Getting Back To Work
We've got a long way to go before we reach anything comparable to a level of "normalcy" here in New Jersey thanks to COVID-19, but a new survey has revealed that, slowly but surely, New Jersey residents are getting back to work.
That's some good news, right?
The unemployment rate skyrocketed in New Jersey thanks to the COVID-19 pandemic, but a new survey by WalletHub shows that with the increase in vaccine distribution and capacity restrictions slowly starting to lift, more people have been able to regain employment here in New Jersey once again over the last few weeks. In fact, New Jersey has come in at the number two spot for quickest recovery since last week.
When compared to the rest of the country, we're in 6th place for overall quickest recovery when comparing the start of the COVID-19 pandemic to now. That means that the majority of the country has a slower bounce back rate than we do here in the Garden State. This news is, surely, surprising for some since New Jersey was one of the most impacted by the pandemic. However, for those of us who live here, we know how determined and driven we are as a society. Long story short, there's no keeping the people of New Jersey down and out for long.
New Jersey has decreased its unemployment rate by over 90% since the start of the pandemic. Hopefully, this pace continues since we all still know so many who continue to be financially impacted by the pandemic. To get read even more of the insights provided by WalletHub's survey, click HERE.