The Round-Up: Thursday

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 »

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