(Bloomberg) -- New York City’s unemployment rate surged to 18.3% in May, from 15% in April 2020 and 4.1% in May 2019, according to preliminary data from the state labor department.
Statewide, New York’s unemployment rate declined to 14.5% in May from 15.3% in April. Both are far higher than the 4% rate in May 2019, data show.
