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IHS: 10 States Will See Jobless Rates Reach 16%

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

A new report from IHS Markit released on Monday said 10 states will see employment contraction of 16 percent or higher through early 2021 and that a return to pre-pandemic employment levels in those locales is not expected until early 2024. “Every state will experience significant employment and GDP declines this year, given the sudden…

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