This blog is a place for journalists to discuss their experiences covering poverty. It works in tandem with onpoverty.org, a site run by Washington and Lee University's American Poverty Journalism Center.
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Cities’ unemployment forecast grim for 2009
Urban joblessness is expected to soar, with as many as 70 cities likely to have unemployment rates top 10 percent by the end of the year, according to a report commissioned by the U.S. Conference of Mayors. Greater Miami will lose 85,000 jobs and have an unemployment rate of more than 8 percent, while Chicago is expected to lose 80,000 jobs as well. New York will take the biggest hit as Wall Street firms continue to cut payrolls. More than 181,000 New Yorkers could be out work within the year.
Original story
Labels: Chicago, Miami, new york, unemployment, urban unemployment, Wall Street
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