The Only Good News Is At Goldman
The unemployment situation in NYC isn't improving. The city's jobless rate jumped to 9.5 percent last month, which is almost double what it was a year ago and the highest it's been since July 1997. But there is some good news for unemployed Wall Streeters: It looks like banks are beginning to hire again. Of course, the very best news is reserved for people who happen to be employed by Goldman Sachs, who are on track to make $1 million this year, on average. If you fall into that last category, rest assured that everyone else in NYC is totally thrilled about your good fortune, isn't the slightest bit jealous, and only wishes you the very best. Promise! [Reuters]