In November, Texas and Arizona joined Utah and Idaho in revoking all of their pandemic job losses, according to a report by ratings agency Fitch.
Meanwhile, California and New York only reached 70% and 60% of pre-pandemic employment levels, respectively.
This shows how uneven the recovery is. Countries that have been more affected by the waves of the pandemic and have tighter restrictions in place to combat the outbreak are falling behind in recovering from Covid job losses.
States like Hawaii, which depend on tourism, still affected by the pandemic. Meanwhile, New York has a more diversified economy but has been the epicenter of the outbreak right at the start of the health crisis that is making its mark.
“The recovery trend, fueled by face-to-face education and a greater return to in-person work, could be threatened,” said Olu Sonola, head of US Regional Economics at Fitch. by the Omicron variant of the coronavirus, whose economic impact is still uncertain.”
According to Fitch, both schooling and working in remote areas rebounded in January as businesses and school districts responded to the new outbreak.
