Recession: When Will it End?
begins a special 3 part series to find out.
News 12 Reporters Drew Scott, Lilly Stolzberg, and Christine Insinga focus on Long Island's unemployment, the real estate market, and the effect of the recession on small businesses.
Watch Recession: When Will It End?
Part 1: Unemployment on Long Island.With 7% of the Long Island work force out of a job in the past year alone, how are Long Islanders dealing with job hunting when there very few jobs to be had?Aired Tuesday, Jan. 26
Part 2: Small BusinessWhen the economy is in a recession, small business owners can feel it the worst. However, it's not all bad news. Meet one Long Islander who just had to take a shot in the business world despite the current recession.Airs Wednesday, Jan. 27
Part 3: Real EstateDropping home prices and foreclosures are not uncommon in the headlines. The frustration of selling a home on Long Island during this recession is felt by many Long Islanders, from Bay Shore to Northport. So when will the real estate market turn around? Airs Thursday, Jan. 28
Links:Small Business AdministrationNassau County Employment Assistance and ResourcesSuffolk County Department of LaborNew York State Department of LaborRecovery.gov: Track the U.S. government's stimulus spendingThe 405 ClubRecession WireBankrate.comEmurse: A free resume builderMint.com: A free resource to help balance your budget