About 'stock market jobs'|Housing, Jobs, and the Stock Market Agree to Disagree

About 'stock market jobs'|Housing, Jobs, and the Stock Market Agree to Disagree

Ｔｈｅ               9-11               ｔｅｒｒｏｒｉｓｔ               ａｔｔａｃｋ               ｈａｄ               ａ               ｐｒｏｆｏｕｎｄ               ｉｍｐａｃｔ               ｏｎ               ｔｈｅ               ｅｃｏｎｏｍｙ               ｏｆ               ＮＹ               Ｃｉｔｙ,               Ｗａｓｈｉｎｇｔｏｎ               ＤＣ               ａｎｄ               ｔｈｅ               ｎａｔｉｏｎ. Ｌａｂｏｒ               ｍａｒｋｅｔｓ,               ｆｉｎａｎｃｉａｌ               ｍａｒｋｅｔｓ,               ｔｒａｎｓｐｏｒｔａｔｉｏｎ               ａｎｄ               ｓｍａｌｌ               ｂｕｓｉｎｅｓｓｅｓ               ｗｅｒｅ               ｄｒａｍａｔｉｃａｌｌｙ               ａｆｆｅｃｔｅｄ. Ａｃｃｏｒｄｉｎｇ               ｔｏ               ｔｈｅ               Ｒｅｐｏｒｔ               ｔｏ               Ｃｏｎｇｒｅｓｓ               ｏｎ               Ｅｃｏｎｏｍｉｃ               Ｅｆｆｅｃｔｓ               ｏｆ               9/11               ｐｕｂｌｉｓｈｅｄ               ｉｎ               2002,               "Ｔｈｅ               9/11               ａｔｔａｃｋ               ｄｉｓｌｏｃａｔｅｄ,               ｄｉｓｒｕｐｔｅｄ               ａｎｄ               ｄｅｓｔｒｏｙｅｄ               ｎｅａｒｌｙ               18,000               ｂｕｓｉｎｅｓｓｅｓ               ｉｎ               ａｎｄ               ａｒｏｕｎｄ               ＷＴＣ...Ｅｃｏｎｏｍｉｃ               ｄｉｓｒｕｐｔｉｏｎ               ｑｕｉｃｋｌｙ               ｓｐｒｅａｄ               ｔｏ               ｃｏｕｎｔｌｅｓｓ               ｆｉｒｍｓ               ａｃｒｏｓｓ               ｔｈｅ               Ｕ.Ｓ."               Ｉｎ               ａｔｔａｃｋｓ               ｏｆ               ｔｈｉｓ               ｍａｇｎｉｔｕｄｅ               ｓｍａｌｌ               ｂｕｓｉｎｅｓｓｅｓ               ａｒｅ               ｍｏｒｅ               ｖｕｌｎｅｒａｂｌｅ.                Ａ               Ｊｕｎｅ               2004               ｓｔｕｄｙ               ｂｙ               ｔｈｅ               Ｂｕｒｅａｕ               ｏｆ               Ｌａｂｏｒ               Ｓｔａｔｉｓｔｉｃｓ               ｈｉｇｈｌｉｇｈｔｅｄ               ｔｈｅ               ｐｒｏｄｕｃｔｉｖｉｔｙ               ｌｏｓｓ               ｉｎ               Ｎｅｗ               Ｙｏｒｋ               Ｃｉｔｙ. "Ｗｉｔｈｉｎ               ｔｈｅ               ｃｉｔｙ,               ｔｈｅ               ａｔｔａｃｋ               ｒｅｓｕｌｔｅｄ               ｉｎ               ａｂｏｕｔ               430,000               ｌｏｓｓ               ｊｏｂ               ｍｏｎｔｈｓ               ａｎｄ               ｌｏｓｓ               ｉｎ               ｗａｇｅｓ               ｏｆ               $               2.8               ｂｉｌｌｉｏｎ. Ｔｈｅｓｅ               ｌｏｓｔ               ｊｏｂ               ｍｏｎｔｈｓ               ｗｅｒｅ               ｅｑｕｉｖａｌｅｎｔ               ｔｏ               ａｐｐｒｏｘｉｍａｔｅｌｙ               143,000               ｊｏｂｓ               ｅａｃｈ               ｍｏｎｔｈ,               ｆｏｒ               ｔｈｒｅｅ               ｍｏｎｔｈｓ. Ｔｈｅ               ｅｆｆｅｃｔ               ｏｆ               9/11               ｗａｓ               ｃｅｎｔｅｒｅｄ               ｏｎ               ｃｉｔｙ'ｓ               'ｅｘｐｏｒｔ'               ｅｃｏｎｏｍｙ,               ｗｈｉｃｈ               ｒｅｐｒｅｓｅｎｔｅｄ               68               ｐｅｒｃｅｎｔ               ｏｆ               ａｌｌ               ｌｏｓｔ               ｊｏｂ               ｍｏｎｔｈｓ               ａｎｄ               86               ｐｅｒｃｅｎｔ               ｏｆ               ａｌｌ               ｌｏｓｔ               ｗａｇｅｓ."                Ａ               ｓｔｕｄｙ               ｃｏｎｄｕｃｔｅｄ               ｂｙ               ｔｈｅ               Ｎｅｗ               Ｙｏｒｋ               Ｆｏｕｎｄａｔｉｏｎ               ｏｆ               ｔｈｅ               Ａｒｔｓ               ｆｏｕｎｄ               ｔｈａｔ               ｏｆ               ｔｈｅ               150,000               ａｒｔｉｓｔｓ               ａｎｄ               ｅｎｔｅｒｔａｉｎｅｒｓ               ｉｎ               ｔｈｅ               ＮＹ               Ｃｉｔｙ               22%               ｒｅｓｐｏｎｄｅｎｔｓ               ｂｅｃａｍｅ               ｕｎｅｍｐｌｏｙｅｄ;               66%               ｌｏｓｔ               ｓａｌｅｓ/ｉｎｃｏｍｅ;               69%               ｌｏｓｔ               ｂｕｓｉｎｅｓｓ               ｏｐｐｏｒｔｕｎｉｔｉｅｓ/ｉｎｄｅｐｅｎｄｅｎｔ               ｃｏｎｔｒａｃｔｏｒ               ｊｏｂｓ.                Ｉｍｍｅｄｉａｔｅｌｙ               ａｆｔｅｒ               9/11               ａｃｃｏｒｄｉｎｇ               ｔｏ               ａ               ｎｕｍｂｅｒ               ｏｆ               ｒｅｐｏｒｔｓ,               Ｂｏａｒｄｓ               ｏｆ               Ｄｉｒｅｃｔｏｒｓ               ｏｆ               ｓｃｏｒｅｓ               ｏｆ               Ａｍｅｒｉｃａｎ               ｃｏｍｐａｎｉｅｓ               ｈａｎｄｅｄ               ｏｕｔ               ｍｉｌｌｉｏｎｓ               ｏｆ               ｂａｒｇａｉｎ-ｐｒｉｃｅｄ               ｓｔｏｃｋ               ｏｐｔｉｏｎｓ               ｔｏ               ｔｈｅｉｒ               ｔｏｐ               ｅｘｅｃｕｔｉｖｅｓ. Ｎｉｎｅｔｙ               ｏｎｅ               ｃｏｍｐａｎｉｅｓ               ｔｈａｔ               ｄｉｄｎ'ｔ               ｒｅｇｕｌａｒｌｙ               ｇｒａｎｔ               ｓｔｏｃｋ-ｏｐｔｉｏｎｓ               ｉｎ               Ｓｅｐｔｅｍｂｅｒ               ｄｉｄ               ｓｏ               ｉｎ               ｔｈｅ               ｆｉｒｓｔ               ｔｗｏ               ｗｅｅｋｓ               ｆｏｌｌｏｗｉｎｇ               ｔｈｅ               ｔｅｒｒｏｒ               ａｔｔａｃｋ. Ｔｈｅｙ               ｗｅｒｅ               ｗｏｒｔｈ               ａｂｏｕｔ               $               325               ｍｉｌｌｉｏｎ. Ｔｈｅ               ｔｅｒｒｏｒｉｓｔ               ａｔｔａｃｋ               ｓｈｕｔ               ｔｈｅ               ｓｔｏｃｋ               ｍａｒｋｅｔ               ｆｏｒ               ｄａｙｓ. Ｗｈｅｎ               ｉｔ               ｒｅｏｐｅｎｅｄ               ｏｎ               Ｓｅｐｔｅｍｂｅｒ               17,               ｔｈｅ               ｓｔｏｃｋ               ｍａｒｋｅｔ               ｈａｄ               ｓｌｉｄ               ｍｏｒｅ               ｔｈａｎ               14%               ｏｖｅｒ               ｆｉｖｅ               ｄａｙｓ,               ｉｎ               ｔｈｅ               ｗｏｒｓｔ               ｆｕｌｌ               ｗｅｅｋ               ｆｏｒ               ｔｈｅ               Ｄｏｗ               Ｊｏｎｅｓ               Ｉｎｄｕｓｔｒｉａｌ               ａｖｅｒａｇｅ               ｓｉｎｃｅ               Ｇｅｒｍａｎｙ               ｉｎｖａｄｅｄ               Ｆｒａｎｃｅ               ｉｎ               Ｍａｙ               1940.(Ｔｈｅ               Ｂｉｇ               Ｐｉｃｔｕｒｅ               Ｐｏｓｔ-9-11               Ｏｐｔｉｏｎ               Ｇｒａｎｔｓ               Ｕｎｄｅｒ               Ｓｃｒｕｔｉｎｙ.ｈｔｍ)                Ｓｏｕｒｃｅｓ                Ｔｈｅ               Ｂｉｇ               Ｐｉｃｔｕｒｅ               Ｐｏｓｔ-9-11               Ｏｐｔｉｏｎ               Ｇｒａｎｔｓ               Ｕｎｄｅｒ               Ｓｃｒｕｔｉｎｙ.ｈｔｍ                Ｋｎｏｗ               Ｍｏｒｅ               Ｍｅｄｉａ               Ｅｃｏｎｏｍｉｃ               Ｉｍｐａｃｔ               ｏｆ               9-11               Ａｔｔａｃｋｓ               Ｓｔｉｌｌ               Ｒｅｓｏｎａｔｅｓ.ｈｔｍ

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