Job Losses Will Deepen New York City's Economic Divide, Analysis Shows

WNYC News | Apr 15, 2020

A new report puts in plain terms how job losses are expected to deepen economic divides in New York City. The report by the New School's Center for New York City Affairs shows there is widespread economic suffering. The analysis points out massive job losses across various industries, such as restaurant and retail work, plus jobs in the entertainment industry. But close to two-thirds of workers who have lost their jobs so far are those paid less than $40,000 dollars a year. These job losses are more likely to affect people of color. And many workers, like undocumented immigrants, cannot tap into safety net programs like food stamps and unemployment — adding to hardship, and a potential to defy stay-at-home orders in order to find work. 

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