How high are jobless rates in states ending federal unemployment bump?

Former Chase chief economist Anthony Chan on high unemployment claims and the labor market recovery.

Many governors have cited the federal unemployment $300 benefit as a reason that businesses in their state are unable to hire workers, and new data shows just a handful of states that have ended their participation in the program have unemployment rates above the national average.

Data from the Bureau of Labor Statistics shows that just six out of the 26 states that have announced that they would terminate their participation in the federal unemployment program have unemployment rates that exceed the national average of 5.9% (as of June).

Those states included Mississippi, which had an unemployment rate of 6.2% and announced on June 12 that it would end the federal plus-up benefit; Arizona, where the unemployment rate was 6.8%; Alaska, with a jobless rate of 6.6%; Texas at 6.5%; Maryland at 6.2% and Louisiana, with an unemployment rate of…

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