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Wall Street Woes Hit the Nursery
BrittG | | 
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Using babysitters less? Is the state of the economy impacting your decision to hire a caregiver for a night on the town? According to the NY Magazine, the nanny unemployment rate is up.
* By S.Jhoanna Robledo
* Published Aug 17, 2008
"As Wall Streeters feel the pinch, they’re no longer hiring so many nannies. 'It’s been a week and no one’s called,' says Christopher Sager, an out-of-work Soho nanny. 'There are, like, 300-plus people looking at two jobs.' Caregivers face lost jobs, reduced hours, pay cuts, and added responsibilities as wealthy families trim household staff. Genevieve Thiers of SitterCity.com says her babysitter-listing service has fielded more than 2,500 new job seekers since February, up from 1,300 in the previous six months.
