Home Economy New Yorkers and the economy will suffer from the untimely termination of...

New Yorkers and the economy will suffer from the untimely termination of federal unemployment benefits – The Ticker

2

Amanda Salazar | The Ticker

Over 800,000 New Yorkers were given another reason to worry about the future as pandemic related federal unemployment benefits expired on Sept. 5.

The scale of the benefits, which The New York Times reports amounted to roughly $436 million in weekly assistance over 17 months, reflected the heavy toll the pandemic has taken on the city.

An unemployment rate of 10.5%, nearly double the national average according to The Gothamist, has left many residents desperate for a safety net while stuck in a financial and emotional limbo, making the termination of federal benefits both cruel and senseless.

Ericka Tircio, a mother of a 6-year-old son and immigrant from Ecuador who faced the double blow of losing her job as a cleaner and contracting COVID-19 in March 2020, echoed the sentiments of many New Yorkers right now.

“I’m praying to God that they call me back,” Tircio said to The New York Times. “There are moments when I’ve…

Click here for full article…theticker.org