Bad combo: NYC faces “skyrocketing unemployment rate and the highest deficit in almost three decades,” mnaking this one of the most painful recession Gotham has seen in a long long time:
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via NYT
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Source:
Economists’ Forecast: Chance of Change 100%
DAVID W. CHEN
NYT, February 15, 2009
http://www.nytimes.com/2009/02/16/nyregion/16york.html
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