Reopening reality check: Georgia’s jobs aren’t flooding back

Georgia’s early move to start easing stay-at-home restrictions nearly a month ago has done little to stem the state’s flood of unemployment claims — illustrating how hard it is to bring jobs back while consumers are still afraid to go outside.

Weekly applications for jobless benefits have remained so elevated that Georgia now leads the country in terms of the proportion of its workforce applying for unemployment assistance. A staggering 40.3 percent of the state’s workers — two out of every five — has filed for unemployment insurance payments since the coronavirus pandemic led to widespread shutdowns in mid-March, a POLITICO review of Labor Department data shows.

[…] “It’s nothing significant enough to say, ‘Oh, there’s a huge surge,’ — but certainly nothing to signal there’s any return to economic stability or recovery happening right now,” said Alex Camardelle, a senior policy analyst with the nonprofit Georgia Budget and Policy Institute.

Read more at Politico.

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