BP Gulf Spill May Cause Loss of 1 Million Jobs
by Brian Merchant, Brooklyn, New York
We've spent most of our time here detailing how the BP Gulf spill is impacting the environment, and discussing the event's significance in terms of our nation's energy future. But there's another important element that needs to be considered, and that's the massive economic impact the spill will have. Between the loss of jobs in the tourism and fishing industries around the Gulf, as well as those lost from the moratorium on offshore drilling, at least one analyst says that one million people will be out of work as a result of the spill.
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