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Report: What the recession did to jobs in Brooklyn

from The Brooklyn Ink

The good news is, there are jobs in Brooklyn. The bad news is, not everyone can get them. The economic crisis in the borough is not over. And for some, it won't be for a long time. The GDP and stock market indexes may be rising, but it is clear that Brooklyn's job market suffered some irreparable damage. More than 14,000 jobs vanished in the borough between 2008 and 2010. And according to economists' predictions, many of them disappeared forever. Even though the recovery is helping to create new jobs, some industries are not likely to bounce back. In particular, finance, manufacturing and construction have been hurt severely. more


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