N.Y. City Council report reveals shrinking middle class

02/11/2013 | Patch.com

The middle class accounts for a smaller percentage of New York City's population compared with upper- and lower-class residents, according to a report by the City Council. The report says the city is one of the most expensive places to live and that jobs that pay middle-class wages are becoming scarce. "This report demonstrates the need to address long-term housing costs, develop opportunities for middle-class workers and help create a New York City that middle-class families continue to seek out as a place to call home," Council Speaker Christine Quinn said.

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