With my recent and ongoing unemployment woes, many of my friends and family asked me, "Why don't you go to where the jobs are?" -- 'where the jobs are' meaning New York City to them. I seriously had considering relocating, despite the city's reputation for high expenses, at least until my savings dwindled to the point of barely making my rent beyond any hope of moving. But my hesitation to plunk myself down in Gotham to look for work without actually already having some kind of income has been completely justified.
An article posted on the New York Daily News Web site this afternoon reports that to be considered a member of the financial middle-class, one has to make a six-figure salary. The writer cites evidence from a report* by the Center for an Urban Future that the high cost of living is the reason. It turns out that the money I have been living on for the last six months would have held out for only six weeks in the Big Apple.
I think I'll stay put a little longer, especially since I'm scheduled for my first interview since November.
* This links to a PDF of the report findings.
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