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Wall Street Blues




The Department of Labor's March 2008 jobs report show that the U.S. unemployment rate rose for the third month in a row. And by most accounts, the credit crisis on Wall Street won't be over anytime soon. What does this mean for New York City? And as the economy sours, why do real estate prices in Manhattan continue to climb? Rafael Pi Roman interviews Greg David, the editor of Crain's New York Business about how the latest job numbers and the credit crisis are affecting the city's economy.

ORIGINAL AIRDATE: 4/8/08


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