For The First Time In 70 Years, New Yorkers Lost Income In 2009

New York City skyline


Throughout various recessions and slumps since The Great Depression, New Yorkers never saw an income decline.That was until 2009, according to a new report from the New York State Comptroller. (via CNBC and @alea)

The full report paints a sobering picture of the regional economy.

Here's how the NY economy compared to the global economy. It looks pretty similar.

There were actually a few regions that grew in 2009.

Total jobs in the state have rebounded a bit since the bottom, but still well off the highs

Healthcare has never seen a decline in jobs (surprise!)

Unemployment in NY remains below average

Here's how employment breaks down by city

And here's how unemployment breaks down

And here's the personal income decline

Now what about the whole economy?

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