Rapid Fire 10-26-11: Job ScenariosOct 25, 2011 23:00 UTC by Defense Industry Daily staff
- The Aerospace Industries Association (AIA) commissioned a study [PDF] to measure the likely impact on US employment, were automatic cuts to be triggered by a lack of consensus from the Super Committee. The conveniently scary result is a loss of 1 million jobs, incl. about 300,000 in California, Virginia and Texas. This “sequestration” outcome seems unlikely, but few of the committee’s deliberations have been made public, and time is running short.
- Over in Mayport, FL, they’re worried about ship repair job losses, as the naval base stops hosting ships to maintain. The proposed aircraft carrier relocation won’t come in time.
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