Hamilton joins the Rust Belt?
Mar. 4th, 2009 07:28 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
pyatU.S. Steel bought Stelco last year, and now it's shutting down all Canadian operations.
That is very very very bad for the city. 2,000 jobs from the steel plant are bad enough, but there are thousands more tied up in support industries.
That is very very very bad for the city. 2,000 jobs from the steel plant are bad enough, but there are thousands more tied up in support industries.
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Layoffs
Date: 2009-03-04 01:27 pm (UTC)I'm sorry.
The governor of Puerto Rico today announced he's laying off 30,000 government workers.
Thirty thousand people on a little tiny island.
People who won't be buying gas, groceries, or restaurant meals for a while.
Not to mention what the economic pinch has done to tourism there.