KBRA Releases Research – Coronavirus (COVID-19): Unemployment Improves in All but Six States

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases commentary on the widespread improvements in May 2020 state-level unemployment compared to April 2020.

May statewide unemployment data reveal a widespread reversal of the months-long upward trend as states began to emerge from lockdown. As the economy continues to advance through the various reopening phases, some of these reversals may be short-lived, while others may solidify.

Click here to view the report.

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KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe Limited is located at 6-8 College Green, Dublin 2, Ireland.

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Analytical Contacts

Cindy Wu, Senior Director

+1 (646) 731-2304

cwu@kbra.com

Jozelle Cox, Analyst

+1 (646) 731-1227

jcox@kbra.com

William Cox, Global Head of Corporate, Financial, and Government Ratings

+1 (646) 731-2472

wcox@kbra.com

Business Development Contacts

William Baneky, Managing Director

+1 (646) 731-2409

bbaneky@kbra.com

James Kissane, Senior Director

+1 (213) 806-0026

jkissane@kbra.com

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