ACS Tracks the Nation’s Most Vulnerable Housing Markets

Based on recent trends, workforces in Nevada, Florida, and Hawaii face higher unemployment risks as a result of COVID-19.

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Adobe Stock / Krzysztof Wiktor

Based on American unemployment trends in the wake of the economic downturn caused by the COVID-19 pandemic, the American Community Survey has determined the “prolonged unemployment” risks in each of the 50 states and the District of Columbia, as well as the states at least and greatest risk.

The ACS study suggests that renters and young adults under the age of 34 are likely to face higher prolonged unemployment risks as a result of the coronavirus pandemic hitting the labor market. The labor market risks are also uneven across states, with state economies heavily reliant on leisure, entertainment, retail, and personal services being most vulnerable.

… As of 2018, a staggering 39% of Nevada’s labor force was in high unemployment risk industries, including more than 23% in entertainment. Hawaii and Florida had 30% and 28% of their respective workforces in these industries, including 16% and 12% in entertainment.

At the other end of the spectrum are the District of Columbia and states such as North Dakota and Wisconsin, with shares of workforce in high unemployment risk industries below the national average.

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