KBRA Releases Research – November Unemployment Rates—30 States Reporting Below Pre-Pandemic Levels; NY, CA, and NJ Continue to Lag

NEW YORK–(BUSINESS WIRE)–#KBRA–Kroll Bond Rating Agency (KBRA) releases commentary on the trends in the November 2021 state-level unemployment data.

In this installment of our series on state unemployment rates, KBRA examines November 2021 state data released on December 17. State unemployment rates have reached yet another milestone in their recovery, with 30 states recording unemployment rates below the pre-pandemic level of February 2020. It remains to be seen what impact the now dominant and highly virulent omicron strain of the coronavirus will have on further progress.

Click here to view the report.

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KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.


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