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Experts: City will feel economic crunch
On a day of Wall Street upheaval, New Yorkers awaited the fallout from an accelerating downturn that experts feared could leave no part of city life untouched.
The stunning implosion of Bear Stearns is "the equivalent of manufacturing town where a plant shuts down," said James Brown, labor market analyst at the state Department of Labor, "You're going to feel it."
Indeed, there can...
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