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The number of unemployed Americans vastly outnumbers the number of open jobs in every state

Data: Indeed; Chart: Naema Ahmed/Axios

The number of unemployed Americans vastly outnumbers the number of open jobs in every single state.

Why it matters: Even though we've come back from the worst unemployment numbers, the pandemic's economic toll keeps turning furloughs into job losses — and pushing millions of people out of the workforce entirely.


By the numbers: In every state, job postings are way down compared with 2019 levels, according to data from Indeed's Hiring Lab that was provided to Axios.

  • In several states with job-magnet cities — like New York, California, Illinois and Massachusetts — postings are down close to 30%. "This is more a big-city recession than a rural one," says Jed Kolko, Indeed's chief economist.
  • Some places, like West Virginia, Mississippi and Alabama, recovered but have started to dip again.
  • The outliers: The outlook in Hawaii and D.C., both of which rely on domestic and international tourism, is especially bleak, with job posts down 46% and 40%, respectively.

The big picture: With the pandemic affecting every city and every industry, job seekers have nowhere to turn.

  • "Historically, the U.S. has relied on mobility to solve these problems," says Mark Zandi, chief economist at Moody's Analytics. "The problem with the pandemic is that it has hit every single community in the country. There's nowhere to go."
  • As I wrote last week, hiring slumps have been concentrated in industries like hospitality and retail, which have been directly hit by the coronavirus crisis. But the effects are bleeding into other sectors like tech and finance as the pandemic and the recession push companies to reevaluate their hiring plans.

The bottom line: "We're gonna have a lot fewer jobs for a long time," Zandi says. "We'll get back, but it won't be next year or the year after. It'll likely be mid-decade."

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Bipartisan group of senators urges Blinken to vaccinate Americans abroad

Sens. Chris Murphy (D-Conn.) and Jerry Moran (R-Kan.) are leading an effort urging the Biden administration to coordinate with the Defense Department to donate supplemental COVID-19 vaccine doses to U.S. embassies and consulates.

Why it matters: Millions of Americans living in countries where they are not considered eligible for the vaccine or those living in places where vaccines are not being authorized by the FDA or the World Health Organization may have to wait for months or even years to receive a vaccine.

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