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Unemployment Tops 10% – Now What?

December 15, 2009 | Baruch College, CUNY Lecture Series

As financial forecasters try to predict the beginning of the end of the longest recession since the Great Depression, New York City’s unemployment rate joined the rest of the country’s in hitting the 10% mark. In a panel discussion entitled “Unemployment Tops 10%: Where Can We Turn?” at Baruch College, moderated by Sarah Bartlett, director of the CUNY Graduate School of Journalism’s urban and business journalism programs, four economic experts addressed the latest jobs report and which economic indicators offer hope of a recovery in the near future. “We do see a number of signs on the horizon that indicate things are going to get better,” said Robert Lieber, New York City’s deputy mayor for economic development, “and we are hopeful that the resilience of the New York City economy will help us as we come out of this economic downturn.”
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