Monday, September 22, 2008

Jobs in New York City

1969
  • New York City private sector jobs = 3.2 million
  • total city population = 7.9 million

2008
  • New York City private sector jobs = 3.1 million
  • total city population = 8.3 million
Over roughly forty years, the city has gained four hundred thousand residents and lost one hundred thousand jobs.

And now the widely-admitted 'engine of New York's economy' is collapsing. Any guesses how the trend will go?

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