He noted that ridership is higher from neighborhoods where blue- collar workers predominate, even though those areas have higher crime rates. MTA Chair Janno Lieber said this week that the MTA’s ridership decline - subway and bus ridership in the city is about 60% of pre pandemic numbers - is primarily the result of remote work and not fears of crime. Office occupancy has declined below 40% as the summer vacation season reaches its peak. In the April to June quarter, the local Black jobless rate was 10.8% while the white rate was 3.2%. Meanwhile, the yawning gap between Black and white unemployment, an issue spotlighted by THE CITY in February, remains stubbornly wide. But he also suggests that rising inflation and the end to the expanded child tax credit may have created financial pressures that forced women to find jobs. Parrott says women may be returning to work because of falling COVID infection rates and improved access to child care. Their labor force participation rate increased to 55.8% and the employment rate reached 52.7%. In the second quarter of 2022, unemployment fell sharply for New York City women, to 5.4%, while it rose for men to 7.1%, according to new research from James Parrott, an economist at the New School’s Center for New York City Affairs.īy two other crucial measures, women have either matched or surpassed pre-pandemic employment levels. The overall city unemployment rate of 6.1% remains almost double the national rate of 3.5% - but that masks a story about gender.
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