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Where Are Layoffs Declining the Most? States Near the Nation’s Capital
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Short supplies of labor have caused many employers to become more reluctant to lay off workers in the past year, especially in the states surrounding the nation’s capital.
Total new applications for unemployment benefits, a proxy for layoffs, declined 85% in Virginia in 2022 from the prior year, the largest drop of any state in the country, according to an analysis of Labor Department data. Washington, D.C., Maryland and nearby Delaware all saw first-time claims fall by more than 70% during the same period, the data showed.
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