Defense Cuts Deliver A Body Blow To Factory JobsGene Koretz
The economy may well turn up in the months ahead, followed by a pickup in employment growth. But manufacturing employment is headed down, at least through the middle of the decade. That is the conclusion of a new analysis of the impact of scheduled cuts in defense spending on U. S. industry released by the Manufacturers' Alliance for Productivity & Innovation (MAPI), a policy research organization representing some 500 major industrial companies.
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