Recession erases decade's job growth in metro areas

11/19/2009 | Reuters

The biggest metropolitan areas lost 2.29 million jobs during the recession. The jobs lost equal the number gained in the previous expansion. "All of the job growth that occurred in the top U.S. metropolitan areas from August 2000 through August 2007 was erased by the subsequent recession," New York City Comptroller William Thompson said in a quarterly economic report. Chicago and Detroit were hit hardest.

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