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New York City Unemployment in 2009: The
Emerging Crisis
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December 11, 2008.
New York City
Unemployment in 2009: The Emerging Crisis. While New York City lagged the
national economy entering the downturn, the recession is clearly here in full
force, and labor market conditions are likely to deteriorate rapidly in the
months ahead. The number of unemployed New York City residents could rise by
120,000 over the next year, escalating the hardships felt by tens of thousands
of New York families and straining the social safety net.
Full report. |
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