It was just anounced today that our largest private employer in the state, Micron, will be eliminating 15% of it's global workforce of which, 1,500 will come from Boise. Have any of you seen any stistics that claim the ecomomic impact of a job lost?
I know our economic community development gurus claim roughly 3.2 new jobs for each "new" job; but apparently the research is not readily availble on jobs "lost".
One economist told me tonight that typically you figure about 2x if a job was "exported".
Does trickle down = tricle up in economic terms?