DC 37 hearing tackles city gov't 'waste' of federal funds
STEPHON JOHNSON Amsterdam News Staff | 11/28/2011, 4:23 p.m.
While the official unemployment number from City Hall is 8 percent, Parrott said the statistic didn't take into several factors into account and he told those in attendance what the "real" unemployment numbers are. "When discouraged workers and those underemployed are factored in, the real unemployment rate in New York City is 15 percent," he said. "And among Blacks and Hispanics, real unemployment ranges from 20 to 25 percent and even higher for young workers of color.
"In a similar vein, some neighborhoods in New York City have unemployment rates as high as 20 percent, and unemployment rates are consistently higher in lower-income neighborhoods," Parrott concluded. The economist also shocked some people when he mentioned just exactly how many local jobs had been outsourced not only out of state, but out of country as well.
"At least 40 percent of contracts don't come from New York state," said Parrott. He also said that earlier this decade former School Chancellor Joel Klein hired coaches from Australia to train city teachers for something that wasn't explained. Parrott, to the dismay of many in attendance-including Rep. Maloney-said that the tags inside books at the New York Public Library were made in Turkey.
"What I learned today is quite frankly a little upsetting to say the least," Maloney said.