In the News

US – Defense cuts could impact 100000 jobs

A harsh round of federal budget cuts could cost Huntsville thousands of jobs.

The White House released a report on the upcoming automatic spending reductions known as “sequestration.” The cuts are due at the end of the year.

Experts on government budgets and contracts said this could easily cost more than 100,000 jobs and the impact would be especially harsh in communities that depend heavily on defense spending like Huntsville.

The White House said the cuts will be deeply destructive to national security, that sequestration is bad policy and calls on congress to take action to avoid it.

The defense budget will be cut nine and a half to 10 percent, more than $50 billion next year alone.

That would have devastating impact in industries that work with the military like many of the businesses in Research Park.

The report pointed out that these automatic cuts were never really meant to happen, just the threat of them was supposed to force budget negotiators to reach a deal to cut the federal deficit, but they never could…

Defense cuts could impact 100000 jobs


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter



%d bloggers like this: