NEW YORK–(BUSINESS WIRE)–Kroll Bond Score Company (KBRA) releases commentary on the developments within the March 2021 state-level unemployment information.
As numerous states proceed with reopening efforts, the U.S. unemployment charge declined additional month-over-month (MoM), to achieve 6.2% in March 2021 versus 6.6% in February, marking its lowest stage because the onset of the pandemic. Whereas underlying information proceed to disclose some variations in unemployment developments throughout states, KBRA notes that New York state’s March unemployment charge continues to be one of many highest within the nation.
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KBRA is a full-service credit standing company registered within the U.S., the EU and the UK, and is designated to offer structured finance scores in Canada. KBRA’s scores can be utilized by traders for regulatory capital functions in a number of jurisdictions.