Seattle Under Siege: The Troubles of a Company Town

In this bitter winter of high national unemployment, Seattle has the unhappy distinction of leading Americas major metropolitan centers with a staggering unemployment rate of 10.9%—almost double the national rate of 5.8%. Seattle's troubles largely have their origin in the troubles of the Boeing Co., which at its peak employed 1 out of 12 people in the Seattle area. But the effects ripple out to touch nearly everyone, as TIME Correspondent Karsten Prager reports:

THE facade is deceptive: busy, brightly decorated city streets, department stores full of holiday shoppers, the freeway humming with...

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