| An update from Thompson's Economic Notes today... NYC Comptroller Thompson Sour On Jobless Rate | |
| Number of unemployed New Yorkers will reach 400,000 by next year, the largest number in more than 15 years, City Comptroller William C. Thompson, Jr. said in his latest edition of Economic Notes. He said the Big Apple's unemployment rate probably will reach 9.5% by early 2010. |
Monday, July 13, 2009
As NYC Employment Shrinks, So Do RE Prices!
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Great NY Times explanation about "true" unemployment picture:
http://www.nytimes.com/interactive/2009/07/15/business/economy/20090715-leonhardt-graphic.html
New Jersey
9% unemployment really masks 15% reality.
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