WTC Construction Means Lots of Jobs

March 7, 2009, 12:17 p.m.

Earlier this week, Port Authority said that the construction of buildings,

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Earlier this week, Port Authority said that the construction of buildings, a 9/11 memorial and transit at the World Trade Center site will result in more than 26,000 jobs. And the indirect job—like the ones that "supply services, materials and machinery to the rebuilding effort"—creation may add over 35,000 jobs to that number. That's notable because 30,000 construction jobs are expected to be lost over the next few years. Port Authority Chairman Anthony R. Coscia said, "The World Trade Center rebuilding effort is an economic shot in the arm for our region at a difficult time. This investment in our region's future is also helping us in the present - by creating tens of thousands of jobs and generating billions for our local economy." The WTC project will extend until 2016. Also, the Port Authority agreed to let the NYC Department of Building shut down job sites with unsafe cranes; previously, the PA did not have to surrender to city regulations because it's a NY-NJ state agency. The WTC site has 24 cranes—the most in the city.