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Expand chart
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."
  • 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."

Go deeper

Felix Salmon, author of Capital
Dec 16, 2020 - Economy & Business

Women's unemployment crisis revealed

Data: LISEP; Chart: Danielle Alberti/Axios

The true unemployment rate for women isn't going down, as official statistics suggest. In fact, it's going up — at least according to the most recent analysis of official data from LISEP, the Ludwig Institute for Shared Economic Prosperity.

By the numbers: The LISEP definition of "true unemployment" includes anybody who's looking for a full-time job paying a living wage, but who hasn't been able to find one. By that metric, 30.9% of American women were unemployed in November — an increase of 0.5% from the October figure.

Texas AG sues Biden administration over deportation freeze

Texas Attorney General Ken Paxton speaks to members of the media in 2016. Photo: Alex Wong/Getty Images

Texas Attorney General Ken Paxton is suing the Biden administration in federal district court over its 100-day freeze on deporting unauthorized immigrants, and he's asking for a temporary restraining order.

Between the lines: The freeze went into effect Friday, temporarily halting most immigration enforcement in the U.S. In the lawsuit, Paxton claims the move "violates the U.S. Constitution, federal immigration and administrative law, and a contractual agreement between Texas" and the Department of Homeland Security.

Dan Primack, author of Pro Rata
1 hour ago - Podcasts

Carbon Health's CEO on unsticking the vaccine bottleneck

President Biden has said that getting Americans vaccinated for COVID-19 is his administration’s top priority given an initial rollout plagued by organizational, logistical and technical glitches.

Axios Re:Cap digs into the bottlenecks and how to unclog them with Carbon Health chief executive Eren Bali, whose company recently began helping to manage vaccinations in Los Angeles.