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Wall Street investors sold off on Thursday as light trading amplified concerns about foreign debt and a weaker-than-expected report on the labor market. As traders turned away from the risks of the stock market, the dollar strengthened, hitting a three-month high against the euro. [ABSTRACT FROM PUBLISHER]

Reports on the increase of New York City residents applying for real estate licenses in 2004. Rise in the number of people holding broker or sales agents licenses in New York City; Discussion of an expected income for real estate agents; Decline of commissions because of greater competition; Increase of enrollment at the New York Real Estate Institute.

Reports on the unemployment rate of black men in New York City. Reference to a study by the Community Service Society examining trends in joblessness in the city; Focus on the employment-population ratio; Factors that may have made the problem of joblessness for disadvantaged men worse including welfare reform, high rates of incarceration producing gaps in job history and competition with immigrants for low-skill jobs; Decline of labor force participation among disadvantaged me; Comments made by Mindy Tarlow of the Center for Employment Opportunities; Claim that service jobs are uninterested in hiring black men for jobs that require customer or client contact.

Focuses on a report which showed a transient work force in Manhattan, New York City.