Job Impacts of the Iraqi War
A recent analysis by Economy.com assesses how the war effort is impacting various segments of the labor market.
The most obvious impacts include a:
1. Boost to defense-related employment, especially within larger contractor companies.
2. Boost in security-related businesses in both business and consumer markets.
3. Drop in tourism-related employment, triggered by the decline in business and personal travel since 9/11.
4. Drop in military base communities where troops have been deployed.
5. Declines in airline employment due to post-9/11 business declines.
6. Declines in consumer services, including retail because of slack consumer demand.
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