I've seen other figures that suggest that about 80K people lost their jobs immediately. I guess I'm not convinced that the rest of the job losses were due to economic pessimism and fear in the financial markets. I was assuming it included the bodega guy, the guy working for the bodega guy, couriers, tailors, every other small business owner in the area, people servicing those small business owners, the carpet cleaners, window washers, the outsourced IT guys, people servicing the physical infrastructure of the area, people who worked in the other buildings. etc. I could be totally off base, but blasting out part of the infrastructure of a city of 19M people seems like it could cause a relatively "direct" 2% job loss over 3 months.