You are reading

As Many as 800,000 New York City Residents Will Lose Unemployment Benefits After Labor Day: Report

(Stock Photo by Tim Gouw from Pexels)

Aug. 27, 2021 By Allie Griffin

As many as 800,000 New York City residents will lose their unemployment benefits after Labor Day, according to a new report.

An estimated 750,000 to 800,000 city residents will stop receiving them after Sept. 6, according to a study released Thursday by The New School’s Center for New York City Affairs.

The abrupt end will hit the city particularly hard, since 10 percent of the estimated 7.5 million workers across the country who will lose all unemployment benefits live in the five boroughs.

New York City residents received a total average of $3.15 billion in unemployment benefits each month from April 2020 through now. That number will plummet to $156 million each month after the Sept. 6 expiration of federal unemployment benefits, the report found.

The loss of benefits also comes at a time when the eviction moratoriums are being lifted.

On Thursday, the Supreme Court knocked down the federal eviction moratorium — which was expected by be in place through Oct. 3. The state moratorium, meanwhile, ends in just fours days.

However, tenants who apply to the state’s Emergency Rental Assistance Program have some protection. Renters who apply will have their eviction case paused until their application is approved or rejected — and if they are approved for the program, they cannot be evicted for a year.

The combination of the loss of unemployment benefits and impending evictions is expected to be a big blow for many New Yorkers still recovering from COVID-19.

For instance, the number of job losses in New York stemming from COVID-19 — on a proportional basis — is more than three-and-a-half times higher than the national average, according to the report. New York City is still 510,000 payroll jobs short of its peak pre-pandemic level.

In addition to the 800,000 who will lose all of their unemployment benefits, about 120,000 residents will see a benefit reduction. These 120,000 residents will still quality for the state unemployment insurance benefits, but will lose a $300 weekly supplement from the federal government.

The loss of benefits will primarily impact lower-paid workers of color, according to the report. People who had worked in leisure and hospitality, local services, retail and in arts and entertainment industries are expected to bare the brunt of the loss.

email the author: [email protected]
No comments yet

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

‘He didn’t deserve to die’: Borough President Richards leads emotional candlelight vigil for Tyre Nichols

Queens Borough President Donovan Richards held a candlelight vigil for Tyre Nichols outside Queens Borough Hall Monday, Jan. 30 after Nichols’ death at the hands of police officers in Memphis, Tenn., made national headlines for the brutality in which the officers beat him.

Almost immediately after news broke about Nichols’ death, the Memphis police officers who beat him to death were fired and charged with murder. The police department released the body cam footage of the fatal beating on Jan. 27, but many people, including some at the vigil, have refused to watch it due to its extremely graphic nature.

BP launches new advisory panel for youth to become civically engaged in the future of Queens

In an effort to get more young people involved in civics, Queens Borough President Donovan Richards has created a new advisory panel known as the Youth and Young Adult Council to introduce the “youngest and fiercest” community advocates to both community service and organization.

Members of the advisory body will advocate concerns through means of community engagement by participating in one of two cohorts. The first will be made up of high school representatives between the ages of 13 and 17, while the second cohort will be comprised of young adults between the ages of 18 and 25.

Porn actor Ron Jeremy, who grew up in Bayside, found unable to stand trial for rape

LOS ANGELES (AP) — A Los Angeles judge on Tuesday, Jan. 17, declared that porn performer Ron Jeremy is mentally incompetent to stand trial on dozens of rape and sexual assault counts.

Superior Court Judge Ronald S. Harris said in a hearing that after reviewing reports from both prosecutors and Jeremy’s defense that he is in “incurable neurocognitive decline” from which he is unlikely to recover.