The greater Grand Rapids area has seen a larger spike in unemployment than most cities during the COVID-19 crisis.
A study from SmartAsset compared unemployment rates from February 2020 and April 2020 for 389 U.S. metro areas and found the Grand Rapids-Wyoming metro area saw a 19.3% increase in unemployment during that time, making it the 14th most impacted metro on the list.
The greater Grand Rapids area saw a meager 2.5% unemployment rate in February, but by April, the percentage had risen to 21.8%
The U.S. unemployment rate rose nationally from 3.5% to 14.7% between February and April. However, the figure dipped to 13.3% in May, showing signs of a recovering economy, according to the study.
Top 10 metros with the highest unemployment increase
- Kahului-Wailuku-Lahaina, Hawaii – 32.3%
- Kokomo, Indiana – 30.3%
- Las Vegas-Henderson-Paradise, Nevada – 29.6%
- Atlantic City-Hammonton, New Jersey – 26.9%
- Elkhart-Goshen, Indiana – 26.6%
- Flint, Michigan – 26%
- Muskegon, Michigan – 25.5%
- Monroe, Michigan – 21.2%
- Saginaw, Michigan – 21.2%
- Battle Creek, Michigan (tie) Jackson, Michigan – 21%
Data in the report is from the Bureau of Labor Statistics’ Metropolitan Area Employment and Unemployment Survey.
To find the metro areas where unemployment has increased the most during COVID-19, SmartAsset calculated the percentage point increase in the unemployment rate between February 2020 and April 2020.