New York City’s pandemic jobs deficit stood at 421,000 in December 2021; 15.2 percent Black unemployment in the fourth quarter
New York’s unemployment crisis stands out among all states; job opportunities evaporate for thousands of young city residents
New York State’s Unprecedented Covid-19 Unemployment Crisis Requires a Comprehensive, Immediate Active Labor Market Response
Strong October job growth when Covid-19 infection rates dropped; only a handful of low-paid industries see wage gains despite reports of higher wage offers
New York State’s 875,000 (8.9 percent) jobs deficit is tops in the nation
New Yorkers have received $272 billion in Federal Covid-19 relief funding, but most benefits have run out while a substantial jobs deficit persists.
It’s clear that most of the half-million unemployed New York City workers are not jobless by choice.
It’s not just a New York City problem; pandemic job losses in the rest of New York State also far surpass national averages.
Economic hardships likely to rise as Federal unemployment benefits end and job growth remains sluggish
750,000-800,000 New York City residents will lose all Federal unemployment benefits after Labor Day—10 percent of the national total; lost benefits total an estimated $463 million weekly
It’s a longer road to recovery for the labor market—Covid’s impact has been lop-sided, reshuffling employment demands and causing historic long-term joblessness
New York City’s labor market turbulence, with a more sluggish rebound than most other large cities
NYC job rebound led by restaurants, private universities, and home health care
Job market behavior in a pandemic—no easy answers
NYC jobs resumed their return in February and March after a flat four months
NYC job losses proportionately greatest among largest U.S. cities
NYC job losses disproportionately concentrated in Manhattan
Long-term pandemic-induced changes in labor demand by industry and occupation
New York City’s economy will not “snap back” in 2021; data so far for the first six weeks of the year bear that out.
Initial unemployment claims rose over the past three months
