Trying to gauge impact of a company loosing 1,500 jobs locally over next 2 years

By
Real Estate Agent with Progressive Realty (Boise Idaho) www.Progressive-Realty.info DB-17066

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?

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Rainmaker
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Liz Moras Migic
Chilliwack, BC
Chilliwack, British Columbia - Realtor

Oh!  I haven't seen you before - so thought I'd just pop by and say Hi!  

Oct 09, 2008 07:15 PM #1
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