The Labor Department jobs report for May 2021 showed the national unemployment rate at 5.8%, a slight decrease from previous months, but still well over levels prior to the pandemic. In New York State, unemployment is at 8.2%, with roughly 789,000 people without work. That’s the second-highest rate in the country. It doesn’t surprise me, as many millennials I’ve encountered in the city are deciding to ride out Pandemic Unemployment Assistance (PUA), Federal Pandemic Unemployment Compensation (FPUC) and Unemployment Insurance (UI) in fear of returning to jobs that pay $15 per hour.
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