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Old Dominion Economic Forecasting Team Predicts Dramatic Local Job Loss From Sequester

Released: 3/5/2013 12:45 PM EST
Source Newsroom: Old Dominion University

Vinod Agarwal, Director of Old Dominion University’s economic forecasting project, has crunched the numbers. They look ominous for this region, Hampton Roads. More than 12,000 jobs could be lost locally by year’s end if the sequester cuts are fully implemented. This military dependent region is watching Washington very closely.

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