New York City’s Job Losses Not As Bad As Expected

Mayor Michael Bloomberg told an audience at a breakfast forum last week that the city had lost 116,000 jobs since the financial crisis struck a year ago. But losses were expected to be closer to 190,000 to 220,000.

The unemployment rate in New York City is 10.2 percent, higher than the national average.

More: New York City Employment Estimates Improve



Publish date: October 27, 2009 https://dev.adweek.com/digital/new-york-citys-job-losses-not-as-bad-as-expected/ © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT
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