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Army sequestration cuts could affect 17,000 jobs in Georgia

(ATLANTA BUSINESS CHRONICLE) -- If automatic budget cuts of sequestration go into effect, Georgia would see an impact on 17,163 jobs and lose $931 million from its economy, according to a statement from the U.S. Army.?

Impacts on jobs include federal employee furloughs and layoffs, reductions in the contracted workforce because of reduced military investments and construction, and reductions in base operation support, reported an affiliate of the Atlanta Business Chronicle, the Washington Business Journal.

Economic impacts would be the result of sequestration and restrictions on new programs that come with the continuing resolution to fund the government, WBJ reported. ?

RELATED | Army expects 300,00 jobs to be lost in sequestration cuts?

Source: http://midtown.11alive.com/news/159037-army-sequestration-cuts-could-affect-17000-jobs-georgia

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