Monday, July 14, 2008
Survey: Yuppies in New York City not quite as upwardly mobile as in the past
Gawker has this item from UPI:
New York's hurting financial sector is causing it to slip as a destination for "yuppies," Forbes Magazine found in a survey of young professionals. Turmoil on Wall Street, with thousands of jobs being lost in the wake of the housing crisis, was blamed for New York's drop from first to fourth in the Forbes survey of upward mobility.
"Right now anything would be easier than New York," Richie Rivera, 30, a health insurance administrator from Brooklyn, told The New York Daily News. "A lot of people are losing jobs and trying to find work."
San Francisco leap-frogged over New York into the yuppie top spot thanks to a more diversified economy, followed by Boston with its booming technology sector. Also beating out New York was Houston, where record prices for oil are creating new jobs and more upward mobility in Texas...
Yeah, but I bet we have more wine bars than Houston!
Meanwhile, Gawker commenter averyreade had this response:
Suffer yuppies, suffer.
Now suffer some more. Now beat it. Scram!
Maybe NYC can breathe again soon...