By Ann Frances –
More than 30 million people in the U.S. are now without work, as a result of being furloughed or laid off since mid-March, when the “stay-at-home” orders became effective. Since then, the coronavirus pandemic has decimated the U.S. economy. A new study by WalletHub, using the number of unemployment claims filed in March of this year versus the same month last year in the nation’s most-impacted cities, has ranked Irvine as the 72nd hardest-hit city among 130 cities nationwide studied for unemployment growth.
The report indicated that Irvine unemployment increased 21.06 percent in March, year over year. The city has experienced a 23.12 percent increase since January 2020.
At No. 72, Irvine is ranked roughly in the middle of the 130 cities studied nationally.
When compared to other Orange County cities, however, Irvine has been hardest hit. The WalletHub study reports that Huntington Beach follows Irvine with a 20.98 percent increase in unemployment claims when comparing March 2020 to March 2019. Next is Garden Grove with a 19.65 percent increase; Anaheim with a 16.43 percent increase; and Santa Ana with a 13.11 percent increase.
Seattle is reported to be the hardest hit among those cities studied nationally, with an 86.92 percent increase in claims in March of this year versus last.
In the state ranking, California is reported to have experienced a 713.76 percent in claims filed year over year.