Federal budget cuts could lead to 16,000 job losses in Oklahoma, report says
Cuts set to be triggered in January would hit defense-related jobs the hardest, but also affect other government agencies and have a ripple effect on the economy, according to the study. Oklahoma has three U.S. Air Force bases, a U.S. Army post and an Army ammunition depot.
WASHINGTON — As more lawmakers begin to focus on impending federal budget cuts, the aerospace industry released a report Tuesday showing Oklahoma could lose nearly 8,000 defense-related jobs and a total of 16,000 jobs over the next 15 months if action isn’t taken to soften the blow.
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“Every state, every community, every industry will be on the chopping block,” Marion C. Blakely, president and CEO of the Aerospace Industries Association, said in releasing the report.
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