{"id":2237,"date":"2024-07-29T00:37:31","date_gmt":"2024-07-29T04:37:31","guid":{"rendered":"https:\/\/multi.nycnewsnetwork.com\/nycpolitics\/?p=2237"},"modified":"2024-07-29T00:44:23","modified_gmt":"2024-07-29T04:44:23","slug":"unemployment-rates-for-black-latino-communities-in-the-city-see-significant-decline-over-two-years","status":"publish","type":"post","link":"https:\/\/nycnewsnetwork.com\/nycpolitics\/unemployment-rates-for-black-latino-communities-in-the-city-see-significant-decline-over-two-years\/","title":{"rendered":"Unemployment Rates for Black, Latino Communities in the City See Significant Decline Over Two Years"},"content":{"rendered":"<p>New York City Mayor Eric Adams said new economic data shows\u00a0significant decreases in Black and Latino unemployment between 2022 and 2024.<\/p>\n<p>Between January 1, 2022, and July 1, 2024, the Black unemployment rate in the five boroughs decreased from 10.7%\u00a0to 7.3%\u00a0\u2014 a 31.7% decrease and nearly a full percentage point below the level pre-COVID, according to a news release.<\/p>\n<p>In that same timeframe, the Latino unemployment rate decreased from 9.1% to 6.5% \u2014 a 28.6% decrease.<\/p>\n<p>The labor force participation rates for Black, indigenous, and people of color, including Latino, as well as white New Yorkers have all increased over the same period, according to the news release.<\/p>\n<p>\u201cThe data is clear: New York City isn\u2019t just coming back, we\u2019re back,\u201d said Adams. \u201cWe have more jobs and more small businesses than ever before in our city\u2019s history, and Black and Latino unemployment are both approximately 30% lower than when we came into office. That\u2019s tens of thousands more hardworking New Yorkers able to provide for themselves and their families. We\u2019re not stopping here, though \u2014 we won\u2019t stop creating opportunities for all New Yorkers to thrive.\u201d<\/p>\n<p>The Adams administration has invested\u00a0millions of dollars in job creation, including\u00a0launching\u00a0and advancing\u00a0projects including\u00a0the\u00a0<a class=\"\" href=\"https:\/\/lnks.gd\/l\/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDEsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3Lm55Yy5nb3Yvb2ZmaWNlLW9mLXRoZS1tYXlvci9uZXdzLzE0Ny0yNC9tYXlvci1hZGFtcy1hbWJpdGlvdXMtcGxhbi1tYWtlLW5ldy15b3JrLWNpdHktbGVhZGVyLWdyZWVuLWNvbGxhci1qb2JzP3V0bV9tZWRpdW09ZW1haWwmdXRtX25hbWU9JnV0bV9zb3VyY2U9Z292ZGVsaXZlcnkjLzAiLCJidWxsZXRpbl9pZCI6IjIwMjQwNzIzLjk4MDEyMjAxIn0.cQILSkZUmNqpTLEsBF8MF7tT0QpXWHavSWGdcU6-HzM\/s\/3094992909\/br\/246213125206-l\" target=\"_blank\" rel=\"noopener\">Brooklyn Army Terminal<\/a>\u00a0and\u00a0<a class=\"\" href=\"https:\/\/lnks.gd\/l\/eyJhbGciOiJIUzI1NiJ9.eyJidWxsZXRpbl9saW5rX2lkIjoxMDIsInVyaSI6ImJwMjpjbGljayIsInVybCI6Imh0dHBzOi8vd3d3Lm55Yy5nb3Yvb2ZmaWNlLW9mLXRoZS1tYXlvci9uZXdzLzM3My0yNC9tYXlvci1hZGFtcy1nb3Zlcm5vci1ob2NodWwtbnljZWRjLXBvcnQtYXV0aG9yaXR5LXBsYW4tdHJhbnNmb3JtLWJyb29rbHluLW1hcmluZT91dG1fbWVkaXVtPWVtYWlsJnV0bV9uYW1lPSZ1dG1fc291cmNlPWdvdmRlbGl2ZXJ5Iy8wIiwiYnVsbGV0aW5faWQiOiIyMDI0MDcyMy45ODAxMjIwMSJ9.luQRMvYHnjyc2pqkC0hcy5W10YRQJpGhhAfTTnMRxe8\/s\/3094992909\/br\/246213125206-l\" target=\"_blank\" rel=\"noopener\">Brooklyn Marine Terminal<\/a>.<\/p>\n<p>\u201cThree months into office, Mayor Adams outlined a jobs blueprint to guide the city\u2019s recovery while building a more resilient, equitable economy. The results speak for themselves: a record number of private-sector and total jobs, a record workforce participation rate, and a record number of small businesses,\u201d said\u00a0New York City Economic Development Corporation (NYCEDC) President and CEO Andrew Kimball.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York City Mayor Eric Adams said new economic data shows\u00a0significant decreases in Black and Latino unemployment between 2022 and 2024. Between January 1, 2022, and July 1, 2024, the [&hellip;]<\/p>\n","protected":false},"author":5888,"featured_media":2219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[12,65],"tags":[],"class_list":["post-2237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-city-council","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Unemployment Rates for Black, Latino Communities in the City See Significant Decline Over Two Years - NYC Political News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nycnewsnetwork.com\/nycpolitics\/unemployment-rates-for-black-latino-communities-in-the-city-see-significant-decline-over-two-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unemployment Rates for Black, Latino Communities in the City See Significant Decline Over Two Years\" \/>\n<meta property=\"og:description\" content=\"New York City Mayor Eric Adams said new economic data shows\u00a0significant decreases in Black and Latino unemployment between 2022 and 2024. 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