economical status of brooklyn?

Question

what is the poverty level. What is the base pay in that area. the employment/unemployment rate. shops in that area.

Answer 1

Economy

Downtown Brooklyn is the third largest business district in New York City.Brooklyn's job market is driven by three main factors: the performance of the national/city economy, population flows, and the borough's position as a convenient back office for New York's businesses.[5]

Forty-four percent of Brooklyn's employed population, or 410,000 people, work in the borough; more than half of the borough's residents work outside its boundaries. As a result, economic conditions in Manhattan are important to the borough's jobseekers. Strong international immigration to Brooklyn generates jobs in services, retailing and construction.[6]

In recent years Brooklyn has benefited from a steady influx of financial back office operations from Manhattan, the rapid growth of a high-tech/entertainment economy in DUMBO, and strong growth in support services such as accounting, personal supply agencies and computer services firms.[7]

Jobs in the borough have traditionally been concentrated in manufacturing, but since 1975, Brooklyn has shifted from a manufacturing-based economy to a service-based economy. In 2004, 215,000 Brooklyn residents worked in the services sector, while 27,500 worked in manufacturing. Although manufacturing has declined, a substantial base has remained in apparel and niche manufacturing concerns such as furniture, fabricated metals, and food products.[8] The pharmaceutical company Pfizer has a manufacturing plant in Brooklyn that employs 990 workers.

Construction and services are the fastest growing sectors.[9] Most employers in Brooklyn are small businesses. In 2000, 91% of the approximately 38,704 business establishments in Brooklyn had fewer than 20 employees.[10]

The unemployment rate in Brooklyn in March 2006 was 5.9%.

Answer 2

One needs to define Brooklyn by the older operation. Nice
Chinatown has died off entirely. The immigrants of the early
days that used to work in jersey, or coney island, manhattan
have had to make priorities of where the future is going. The
winner has come up manhattan, by far. This is not expected
by Brooklyn or Bronx. The United Nations building in the Bronx
is where Brooklyn presently starts so they have regained
Madison Avenue, the parkway, and the tourist shops. I would
say New York in all is a lost cause. Though there is some
good work to be done, the real results are not due for 200
more years. My money is on downtown Brooklyn is okay. The
truth is learn to do what needs be done, employment is fare,
I am saying equitables have to be counted so a college grad
looks at 20,000, and can make 8,000 more. A high school
grad only has to get more job time to make 10,000. I really
say that this is due to the equitables are not in order of the
daily management. Brooklyn people that head into the shelf
anywhere in the country can get work and invested skills still
can make 30,000. PEACE.

Answer 3

There are good and bad areas and the real estate and rentals are sky high. Some areas are being redeveloped. A one bedroom apartment/condo could sell for $500k. There are a lot of fun shops. The area kind of has this underground flavor. Be careful where you go and don't go alone.