Labor Workplace Division of Labor Jobs report New York Metropolis State
According to the New York State Department of Labor, the seasonally adjusted unemployment rate in New York City is among the highest in the country at 11.8% in November. The unemployment rate in New York state was 8.4% in November.
However, the total number of New Yorkers receiving unemployment benefits is even higher when all data from pandemic emergencies for unemployment benefits and extended benefit entitlements are included. These claims bring the total number of unemployed New Yorkers to 2.45 million.
The new stimulus package passed by Congress gave New Yorkers plenty of reasons to be hopeful. The $ 900 billion bill will revive two federal unemployment programs slated to expire on December 27th. The Pandemic Unemployment Assistance Scheme and Pandemic Emergency Unemployment Compensation Scheme will both be revived through March 14, 2021. The law will reduce federal pandemic unemployment benefits from $ 600 per week to $ 300 per week between December 26, 2020 and March 14, 2021.
Since the pandemic began in March, New York State has paid $ 55 billion in unemployment benefits to 3.8 million New Yorkers, the equivalent of 26 years of service, according to the governor’s office.