Friday, December 18, 2009

Unemployment Rate Drops to 10 Percent in New York City

New York City

MANHATTAN — Even as economists and government officials are saying that the recession appears to be ending, 10 percent of New Yorkers are still out of work.


That's one in 10 city residents who are without a job, compared to an average unemployment rate of 7.6 percent throughout the rest of the state.


State Comptroller Thomas DiNapoli issued a report on Wednesday stating that the city's budget gap for 2010 will not be as wide as feared, but more jobs may still be lost.


“The impact of the recession on the city’s revenue has not been as severe as earlier forecasts indicated,” DiNapoli said. “But the City may still end up losing more than 200,000 jobs."


The comptroller went on to say that while New York City had done a good job with its finances, the State's budget crisis could continue to trickle down to the city.


Since November 2008, over 95,000 non-farm jobs have been lost in New York City.


 


 

12 comments:

  1. I still live in America. I live in Florida now but I used to live in New york city

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  2. Another day of myimpact in the City with New York Cares and DoSomething!

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  3. Looking for someone to go to New York City with me next week because Amysomething is ditching out on me!

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  4. Abu Dhabi is by far the richest city in the world. I thought it was Dubai or New York til now

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  5. of course she will! I have a VIP card to every hospital in New York City.

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  6. Wht's Up Tweeetas in the New York City and Dam is it Cold 20 degrees oooch but we makeing $$$ dolla dolla biil yalllll!!!

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  7. It's supposed to SNOW tomorrow in New York City! Hooray! Also, successfully heading to airport without leaving stove on (I think).

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  8. 7 am. pink streaks against the sky. intermittent water towers. frost painted around the windows. good morning new york city winter.

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  9. In New York City, approximately 1,600 people are bitten by other humans annually.

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  10. Just watched the sunrise over New York City, not a bad way to start my day but ready to be home

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  11. rise and shine....time to stack ur paper....lets goo new york city.....

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  12. Wow...whatta crazy night, just getting back from new york city...nice

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