NYC Black Unemployment Stuck Above 15%
One in five Black New Yorkers is either officially unemployed, stuck in a part-time job when they want full-time work, or so discouraged they are not even looking for employment — suffering the worst job hits of the pandemic recession.
While Black unemployment is historically higher than that for other groups and harder hit by economic downturns, the data this time is more worrisome, according to new research from New School economist James Parrott.
It shows that while white joblessness declined steadily last year, Black unemployment dipped only slightly and rose toward the end of the year.
There is no consensus about the reasons the pandemic recession is worse for Black New Yorkers or even which parts of communities have been affected the most, in part because the available data isn’t detailed enough. But the dire numbers are spurring concern.
NYC Black unemployment stuck above 15%.