How About PlaNYC 2130?
Given that the mayor seems to want to stay in office, perhaps we should rename certain long-term planning departments? Because now it should for sure take longer to get to one million more people:
Posted: October 15th, 2008 | Filed under: Fear Mongering, Follow The Money, I Don't Get It!Expecting a national recession to compound the effects of the Wall Street crisis, the New York City comptroller’s office is now forecasting that the city will lose 165,000 private-sector jobs over the next two years.
That would be almost twice as many as the comptroller’s office had projected three months ago, when it said that about 85,000 jobs would be lost. The difference, according to the comptroller, William C. Thompson Jr., is that the nation has slipped into a general recession with effects that will spread far beyond the financial services sector and across the whole city economy.
About one-fifth of those lost jobs, about 35,000, will come in investment banking and other financial services, according to the revised forecast. The previous projection was for a loss of 25,000 jobs in financial services, or almost one-third of the expected total.