Sunday, November 20, 2011

BP Oil Spill Could Cost Florida Hundreds of Thousands of Jobs http://bit.ly/sKrjcH

Article by Tricia Mills


The Gulf Coast oil spill is a disaster in Florida, possibly costing nearly 200,000 jobs and completely eliminating some ten billion dollars in spending. This from research conducted by the University of Central Florida. This data assumes that the coastal counties affected by the spill area will lose around half of their normal tourism and jobs associated with visitors and tourists, from the University of Central Florida's Institute for Economic Competitiveness. This has a huge impact on the entire state of Florida says Nationally Recognized Attorney, Emery Ledger.

If the number of half of the tourism lost seems high, its not. Many communities are already experiencing a significant drop in tourism and that could be just the beginning depending upon the effects of the oil spill long term. However, even with a conservative estimate of only about ten percent of tourism monies lost, which include leisure jobs and spending, Florida would still be out nearly 40,000 jobs and lose around $ 2.2 billion dollars in spending, which some companies rely on. In fact some businesses in Florida rely on the tourist season for their whole year of profits. The lawyers at Law Offices of Ledger

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