New York Layoff Watch: "A broad array of businesses across... - NBC New York

New York Layoff Watch: "A broad array of businesses across...

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    New York Layoff Watch: "A broad array of businesses across...

    "A broad array of businesses across the New York region have begun eliminating jobs by the thousands as the pain of the financial crisis spreads well beyond Wall Street...Economists and labor-market analysts predict that the cuts will be part of a large wave of pink slips that is expected to drive up the city’s unemployment rate and strain the state’s unemployment insurance fund. In the week that ended Oct. 11 — the latest week for which data is available — New York led all states with an increase of 5,224 first-time unemployment claims." [NYT]

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