A $44.8 billion spending plan unveiled Tuesday by Gov. Phil Murphy calls for no new taxes and fully funds the state pension program for the first time since 1996. Source: New York Times
Posts published in “Unemployment”
New York Halted Evictions. But What Happens When the Ban Ends?
A crisis looms in the pandemic’s wake: Evictions that threaten to overwhelm schools, homeless shelters and food pantries. Source: New York Times
They’re Young, Unemployed and Facing Bleak Prospects
They worked low-paid jobs in restaurants, stores and theaters. Now they are filing for unemployment at higher rates than before the pandemic. Source: New York Times
Why Young New Yorkers Are Facing a Tougher Job Crisis
No age group has faced a worse economic crisis in New York City than young workers, especially those who are Black, Hispanic or do not have a college degree. Source: New York Times
‘It Makes Me Angry’: These Are the Jobless in a City Filled With Wealth
Pandemic job losses have disproportionately hurt low-paid service workers who tend to be poor and people of color. In this New York neighborhood, hope is slipping away. Source: New York Times
They Were Worried About Finances. This Is How They Got Help.
“I have never seen this much anxiety and fear about money,” one financial counselor said. Source: New York Times
Why N.Y.C.’s Economic Recovery May Lag the Rest of the Country’s
More than one million residents are out of work, and the unemployment rate is nearly double the national average. Source: New York Times
Pandemic Puts N.Y.C. Hotels on the Brink: ‘A Complete Washout’
Several big hotels in the city have announced that they are closed for good, and some experts say that more shutdowns are coming. Source: New York Times
Unemployment Is Rampant. So This Theater Is Giving Freelancers Money.
Several hundred workers are receiving $1,000 relief payments from the Public Theater. Source: New York Times
One-Third of New York’s Small Businesses May Be Gone Forever
Small-business owners said they have exhausted federal and local assistance and see no end in sight after months of sharp revenue drops. Now, many are closing their shops and restaurants for good. Source: New York Times
Uber and Lyft Drivers Win Ruling on Unemployment Benefits
A federal judge granted a preliminary injunction instructing New York State to begin payments promptly, citing an “inexcusable delay.” Source: New York Times
A Million Jobs Lost: A ‘Heart Attack’ for the N.Y.C. Economy
While the national jobless rate has rebounded as many states started to reopen, New Yorkers continue to lose jobs and seek benefits. Source: New York Times
Why Out-of-Work New Yorkers Are Starting Cooking Businesses
Restaurants might be slowly reopening, but that hasn’t stopped chefs and bakers, stuck at home, from starting their own side gigs. Source: New York Times
Obamacare Faces Unprecedented Test as Economy Sinks
The battles over the health law have played out during a decade of continuous economic growth. How it performs as a safety net now may help determine its future. Source: New York Times
The Pandemic Sent Young New Yorkers Packing. Will They Return?
The financial crisis caused by the coronavirus outbreak has led young people from elsewhere to leave the city, uncertain if they will come back. Source: New York Times