In the coming weeks, New York businesses will layoff employees across an array of industries, further straining the state’s unemployment fund. [NY Times]
Paterson and Corzine appear before congressional committees seeking further federal assistance to avoid drastic cutbacks in state services. [NY Times]
At a hearing, Housing Authority officials requesting $112 million to repair the agency’s elevator systems face skeptical councilmembers. [NY Times]
According to an advocacy group, New Yorkers entered the city’s homeless shelters last month in the largest numbers in at least 25 years. [NY Times]
City officials and economists seriously despute Bloomberg’s claim that NYC may face a $500 million budget gap by the end of the fiscal year. read more »
