Estimates for job losses on Wall Street cut
New York City government is now predicting that only 15 to 25,000 New York financial service workers will be laid off in the downturn that started in August 2007 and is expected to last until March 2009. This new estimate is lower than other estimates and suggests that the New York economy will be hit less hard than expected.
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A new job for the IMF: as global policeman
Elliot Wilson 26/11/2008 Elisabeth Jeffries 26/11/2008General Motors must be allowed to crash
Matthew Lynn 26/11/2008‘These clouds will have a silver lining’
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