NYCT AR2009_final.pdf - The New York Community Trust
NYCT AR2009_final.pdf - The New York Community Trust
NYCT AR2009_final.pdf - The New York Community Trust
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
chairman and president’s message<br />
2<br />
Charlynn Goins<br />
Lorie A. Slutsky<br />
Is the recession over yet Sometimes, we feel like<br />
little kids in the back seat of the car, asking the<br />
same plaintive question again and again.<br />
Economists and politicians tell us that<br />
we’re on the road back. But is a jobless<br />
recovery really a recovery <strong>The</strong> City’s<br />
unemployment rate is higher than the<br />
nation’s average. Experts predict that <strong>The</strong> <strong>Trust</strong> has been making grants for<br />
part of the financial sector’s job loss workforce development projects for<br />
is permanent. And as <strong>New</strong> <strong>York</strong>ers some years. For example, health care<br />
know full well, small business and is one sector that is growing, and we<br />
entrepreneurs generate jobs, and credit are now exploring the feasibility of<br />
it still tight.<br />
working with the health care industry to<br />
project its labor needs and then training<br />
Add to this Draconian State and City disadvantaged people to fill those jobs.<br />
budget cuts in human services and the In the meantime, there are families to<br />
answer is, no, we’re not there yet. feed and shelter. And it’s no longer poor
Change language