New York workers take to the streets to protest cuts

Thousands of protesters have marched on New York's financial district, with rallies also held in other US cities.

There has been the Occupy Wall Street rally, but also a smaller, more targeted group protesting about job cuts in local schools.

The crowd of several hundred is mainly wearing bright green t-shirts with union logos and blue caps.

Over 700 school workers are being laid off from New York City's public schools in the biggest mass lay-offs of Mayor Michael Bloomberg's administration.

Caroline Hepker reports.