Job Cuts In Industries “Closely-Related” To Oil Likely To Triple, Goldman Says
by Tyler Durden
ZeroHedge.com
04/09/2015
“We find that in previous oil-sector downturns, job growth in non-energy sectors that are closely related to the oil & gas industry has declined by three to four times as much as the decline in oil & gas employment itself,” Goldman says, implying we’re likely to see a substantial number of cuts in the months ahead.
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