“Much remains to be learned about the final effect of this pandemic on the New York labor market; not only at first, but in the years to come,” said Ruth Milkman, co-author of the report and professor emeritus of sociology at CUNY School of Labor and Urban Studies and CUNY Graduate Center. “We haven’t noticed this magnitude of unemployment, more than 20% in June according to official statistics, since the 1930s, and the real rate is probably much higher. “
