How Job Losses Are Affecting the Multifamily Sector

By Anuradha Kher, Online News EditorNew York–The number of unemployed persons has increased by 787,000 to 14.5 million in May, and the unemployment rate rose to 9.4 percent, the U.S. Department of Labor’s Bureau of Labor Statistics reported recently. The number of long-term unemployed (those jobless for 27 weeks or