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Business Services Among Worst Hit in NYC Job Loss

Tuesday, April 07, 2009

The pace of job loss in the New York City area is picking up. The Bureau of Labor Statistics reports 193,000 jobs disappeared between February of 2008 and last February.

Business services are among the worst hit areas that includes everything from janitors to accountants - to temp workers. Bureau of Labor Statistics Economist Martin Kohli:

KOHLI: it tells you that corporate America is in trouble. This segment is basically supplying services to corporate offices and headquarters.

REPORTER: The report says construction and factory jobs are also disappearing quickly. The last time the region lost so many construction jobs so swiftly was in 1991.

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