The number of unemployment insurance claims in Virginia has soared at a record pace amid COVID-19. Virginia Employment Commission (VEC) reported a total of 565,979 initial unemployment claims in the most recent six weeks, ending April 25th.[1] According to the VEC, initial claims peaked during the April 4th filing week, although additional claims continue to…
Disparate Impact of COVID-19 Across Virginia
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While COVID-19 is shaking the entire economy across the country, some regions might experience more severe symptoms than others. Knowing which places are likely to be hit the hardest can ensure a better response for recovery in this crucial time. To illustrate the different impacts of COVID-19 on local economies in Virginia, the Virginia Tech…