![]() Between mid-June and early July, 49 percent of Asian and 41 percent of Latinx adults in the New York City metro area reported that their main reason for not working in the past week was due to a layoff, an employer reduction in business, or their employer closing temporarily or permanently due to the coronavirus, compared to 35 percent of white adults and a third of Black adults who listed these reasons. While the city has gradually loosened restrictions over the past two months, allowing restaurants to proceed with outdoor dining and for personal care businesses like nail and beauty salons to re-open, many restaurants and other non-essential businesses closed during the pandemic will remain shuttered. Pre-pandemic, Latinx and Asian New Yorkers, the majority of them immigrants, were more likely than white New Yorkers to be working in low-wage sectors like personal care, accommodation and food service, precisely the industries hit hardest by widespread COVID-19-related business shutdowns and drastically reduced business volume. But the pain has not been felt equally. Compared to 51 percent of white adults, 56 percent of Black, 58 percent of Asian and 66 percent of Latinx adults in the New York City metro area lived in a household that experienced a loss in employment income since mid-March, when mandatory shutdowns led to widespread business closures in the region.Īsian and Latinx New Yorkers were hit hardest by COVID-related layoffs, reduction in business and widespread business closures. New Yorkers were more likely than adults nationwide to live in a household that lost employment income since the start of the pandemic, reflecting the far more severe coronavirus outbreak and the slower economic reopening. New Yorkers of color more were more likely to lose employment income since the start of the pandemic. In New York City, the end of the extra $600 a week will fall hardest on families of color, who have experienced job loss and hardship at higher rates than white households since the start of the COVID-19 crisis. As Congress considers a new relief package, it should extend Federal Pandemic Unemployment Compensation (FPUC), the supplementary $600 in federal unemployment benefits that have already expired in New York State and are set to expire nationwide at the end of this week. ĭata collected between mid-June to early July by the Census Bureau for its weekly Household Pulse Survey provide a more detailed, up-to-date snapshot of the disparate economic impact of the coronavirus on communities of color in New York City. Meanwhile, national unemployment rates for workers of color were seven to eight percentage points lower than among New Yorkers of color: 13.8 percent of Asian workers, 14.5 percent of Latinx workers, and 15.4 percent of Black workers nationwide were unemployed in June. As of June 2020, citywide unemployment rates are now 21.1 percent among Asian residents, 23.7 percent among Black residents and 22.7 percent among Latinx residents, compared to just 13.9 percent among white New Yorkers. Joblessness remains more widespread among communities of color in New York than among people of color nationwide. ![]() Although Black and Latinx New Yorkers make up 51 percent of the population in New York City, they account for two-thirds of confirmed coronavirus cases in New York City and are twice as likely as white New Yorkers to die from COVID-19. In the Bronx, which has been hit hard by COVID-19, nearly a quarter of residents were out of work in June, the highest unemployment rate of the five boroughs.Ĭommunities of color in the Bronx and elsewhere in New York City have disproportionately shouldered the burden of the economic and public health fallout from COVID-19. In June, the national unemployment rate fell to 11.1 percent but New York City’s rate rose to 20.4 percent. Between mid-March and mid-July, more than 1.5 million people in New York City filed for unemployment, a staggering number that exceeds the cumulative number of initial claims filed in most states over the same period. ![]() But nearly five months after the start of the coronavirus pandemic, New York City is faring much worse economically than the rest of the country. ![]() Meanwhile COVID-19 infections have spiked in two dozen states, including Texas, Florida and Arizona, all of which reported record numbers of new COVID-19 cases in July. New York City, once the epicenter of the coronavirus epidemic in the US, continues to see a steady decline in new COVID-19 cases, related hospitalizations and deaths. Race and the Economic Fallout from COVID-19 in New York City Irene Lew July 30th, 2020
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