The Impact of Layoffs in Los Angeles County

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Essay #: 059159
Total text length is 11,017 characters (approximately 7.6 pages).

Excerpts from the Paper

The beginning:
The Impact of Layoffs in Los Angeles County
Layoffs create economic complexities that have far reaching effects. Initially the person whose job is lost sustains an economic loss for him or her, but the subsequent inability for that person to participate in the purchase of goods causes the general economy to slow. This creates a ripple effect, and the effects are dire. Despite the benefit that a recession gives to trees as paper usage slows "the fourth quarter of 2008 showed a definite decline", the deleterious effects of recession are felt in all areas of society. Recent anticipated layoffs for Los Angeles County employees could potentially present catastrophic difficulties for the economy in the State of California, and for the United...
The end:
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