Jobless Rate is scary – NYC

The nation’s unemployment rate rose to a higher-than-expected 7.6 percent in January as businesses shed 598,000 jobs.
Wonder what are the numbers in New York area.
Budget officials assume the city will have shed 294,000 jobs from mid-2008 through 2010, the highest official estimate by government officials yet, including 46,000 in financial industries.
Bloomberg has proposed cutting the city budget by about $1 billion and raising its sales tax to help close a $4 billion shortfall for the fiscal year that begins on July 1.
Via NYPOST