New York City’s unemployment rate rose to 7.4% in December, up from 6.3% in November. According to Crain’s, this is the highest in almost five years and it’s over the national unemployment rate, which is 7.2%. The NY State Labor Department said, “In just the last three months, the state has lost more than 100,000 private sector jobs, including 49,300 in December 2008. This is the steepest one-month drop since October 2001 in the aftermath of the World Trade Center attacks.” Another NYC stat from the NYS Labor Dept.: “Since December 2007, the number of nonfarm jobs has decreased by 53,600, or 1.4 percent, and the number of private sector jobs has decreased by 49,100, or 1.5 percent.”
I, like many others, are getting the feeling we are just sitting around waiting to be fired. This is bad… very bad…
[source: Gothamist]
