Three U.S. States with Biggest Surge in Jobless Claims Have $32 Billion in COVID-Affected Projects

SUGAR LAND--May 11, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. unemployment rate stands at 14.7%, its highest level since the Great Depression, following the loss of 20.5 million jobs in April, according to the U.S. Department of Labor. With the COVID-19 pandemic moving out of urban areas like New York City and into less heavily populated places, three states in the South--Georgia, Alabama and Florida--show the largest percentage spike in people applying for unemployment benefits over the past six weeks. Industrial Info is tracking more than $32 billion in active projects in these states that have been delayed or otherwise affected by COVID-19 precautions.

Within this article: Details on some of the highest-valued projects in Georgia, Alabama and Florida to be affected by COVID-19, including those from major companies such as Southern Company (NYSE:SO), Guidoni Group, Koch Foods Incorporated, Florida Power & Light, NextEra Energy Incorporated (NYSE:NEE), Flextronics International Limited and Warrior Met Coal LLC (NYSE:HCC).