Big-3 bankruptcy: Job loss less than half oft-cited figure
Tuesday, December 16, 2008 - 23:21
in Mathematics & Economics
The impact of a Big-3 bankruptcy and restructuring would be severe, but frequently-quoted job loss figures are misleading and overstated, according to a new projection by the University of Maryland's Inforum economic research unit. In the worse case scenario, peak job dislocation from restructuring would be half of the 3 million commonly cited in the media. read more