Sunday, June 8, 2008

Wall Street Job Potholes Ahead

By the middle of 2009, an estimated 33,000 financial jobs may be lost. So says the city’s Independent Budget Office. New York City has recently seen 10,000 jobs disappear. The city took a harder hit after 9/11 when an estimated 60,000 jobs were lost. The local economy will always have it’s swings; good and bad. In downtown Manhattan, It looks like it’s about to strikeout before it hits it’s next homerun.

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