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New York City Unemployment Continues to Drop
By
Sarah Bibi
Published Dec 17, 2010
Modified Dec 17, 2010
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By
Sarah Bibi
Published Dec 17, 2010
Modified Dec 17, 2010
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This year more New Yorkers are getting what they really want for the holidays...jobs. Despite a high national unemployment rate, the New York City rate continues to drop from its high of 10.5 percent last year to 9.1 percent. Guess that Bloomberg-Spiderman collaboration paid off.
Roughly 14,000 jobs were added in November, but not in the service areas that one would expect in the Fall; job creation has been attributed to areas such as accounting and the dark underworld of Wall Street, which is always hungry for fresh souls. New York State Department of Labor economist James Brown feels good, but tells the Times, “The flip side is we still have 350,000 unemployed people. It will take a long time of good, solid job growth to get those numbers down to where they were." Clearly it's high time Bloomberg called in the entire Justice League. (But can DC and Marvel work together?!)
Tagged
economy
jobless claims
NYC unemployment
recession
Unemployment
Sarah Bibi
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