More Than Just Auto Jobs In Danger In Detroit

Should any one of Detroit's Big Three collapse in the near future – or cut back even more drastically – scores of workers throughout the nation could become victims of a ripple effect and end up jobless. Within a year's time, roughly 2.5 million jobs throughout the U.S. would likely be cut if just one of the nation's three largest auto manufacturers fail in 2009, according to a report released earlier this month from the Center for Automotive Research, a nonprofit trade group. The majority – or an estimated 1.4 million jobs – would be positions at companies unrelated to the automotive industry and not positions at GM, Chrysler, Ford or even their direct and indirect suppliers. These would include both blue collar and white collar jobs at restaurants, real-estate firms, public schools and more, suggesting that the impact would be widespread.
Source:  The Wall Street Journal

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