New York City’s young adults are bearing the brunt of the pandemic jobs displacement; the employment rate for young men plunges to 34 percent.

By Center for New York City Affairs, 07/21/2022

“…Even more telling, and alarming, than the sharp rise in the unemployment rate among young men is the steep drop in the employment rate (also referred to as the employment-to-population ratio, or EPOP) for young men. In the first quarter of 2020, 55.6 percent of all males 18-24 in New York City were employed…”

Read the entire article: http://www.centernyc.org/reports-briefs/new-york-citys-young-adults-are-bearing-the-brunt-of-the-pandemic-jobs-displacement-the-employment-rate-for-young-men-plunges-to-34-percent