Battered By Coronavirus, New York City Nears 20 Percent Unemployment Rate

NEW YORK, NEW YORK - JULY 07: A store advertises a sale on July 07, 2020 in the Brooklyn borough of New York City. A report issued by the Center for New York City Affairs last week noted that the city's unemployment rate surged from an historic low of 3.4 percent in February to 18.3 percent in May, with the analysis pointing out that the rate would be an even higher 26 percent in May if unemployed workers who haven't looks for jobs during the pandemic were included. The May umployment rate is twice as high for Black, Latino and Asian New Yorkers as for White New Yorkers. (Photo by Spencer Platt/Getty Images)
NEW YORK, NEW YORK - JULY 07: A store advertises a sale on July 07, 2020 in the Brooklyn borough of New York City. A report issued by the Center for New York City Affairs last week noted that the city's unemployment rate surged from an historic low of 3.4 percent in February to 18.3 percent in May, with the analysis pointing out that the rate would be an even higher 26 percent in May if unemployed workers who haven't looks for jobs during the pandemic were included. The May umployment rate is twice as high for Black, Latino and Asian New Yorkers as for White New Yorkers. (Photo by Spencer Platt/Getty Images)
Battered By Coronavirus, New York City Nears 20 Percent Unemployment Rate
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Spencer Platt / Staff
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07 July, 2020
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