More than 500,000 New York City residents are still unemployed six months into the lingering coronavirus pandemic, a sobering new report released Tuesday revealed.
The state Labor Department data showed that 14 percent of city residents — one in 7 — were unemployed in September. That’s 538,694 Big Apple residents.
The jobless rate is ten percentage points higher than in September of 2019, when the city unemployment rate was just 3.7 percent.
Still, the rate was a slight improvement from August, when 16 percent or 638,767 residents were jobless.
The worst of the pandemic’s impact on jobs was in June, when 20 percent or 810,177 city residents were unemployed.
New York State’s unemployment rate decreased from 12.5% in August to 9.7% in September, a noticeable bump.
But New York State’s unemployment rate of 9.7 percent was considerably higher than the national jobless rate of 7.9 percent, and the sixth highest among states and 5.8 percentage points higher than the Empire State’s unemployment rate a year earlier, noted E.J. McMahon of the Empire Center for Public Policy.