The jobs in Atlanta that were lost in the recession, which amount to hundreds of thousands of laid off workers, were discussed at the Georgia Jobs Summit hosted by Georgia’s Labor Department in January.
According to AJC.com, the all-day summit at Georgia Tech drew about 100 people, including economists, business, labor and community leaders, academics, everyday workers and the unemployed for strategy brainstorming, roundtable discussions and economic presentations. Among those taking part was Georgia State University economist Rajeev Dhawan, who gave his forecast for the jobs market.
The job cuts will continue through much of this year, warned Rajeev Dhawan, director of the Georgia State Economic Forecasting Center, in a talk to the conference.
Consumers don’t want to spend and even healthy businesses can’t get the capital they need to grow, he said. “You can give all the tax cuts you want and it won’t make any difference until you clean up the banking system.”
The “Shaping Georgia’s Economic Destiny” summit focused on five areas:
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