Kroll Bond Rating Agency (KBRA) releases commentary on the trends in the December 2020 state-level unemployment data.
Despite various economic relief and stimulus packages implemented so far, the U.S. unemployment rate jumped 0.1% to hit 6.5% in December 2020, while the underlying data reveal significant differences in unemployment trends across states. In analyzing reasons for the divergent outcomes, KBRA compared the latest state unemployment rates to the respective trends in positive COVID-19 test results for selected states.
Click here to view the report.
- Coronavirus (COVID-19): Unemployment Improves in All but Six States
- Coronavirus (COVID-19): Twin Peaks: State-Level Unemployment During Two Crises
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe Limited is located at 6-8 College Green, Dublin 2, Ireland.
Cindy Wu, Senior Director
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