The northeast is going to have a huge problem, because there's not the job creation, there's not the new enterprises coming up that can absorb these laid-off workers, a lot of those being laid off are 40-50 years old, and nearing retirement age. It's going to be very difficult for them to find another job.

Geoffrey Crothall

Categorized in : Energy

A lot of these workers can't get any compensation. They find the economic burden on themselves and their families is terrible.

Geoffrey Crothall

In terms of helping the job market, this sort of thing is of marginal benefit, they are going to price themselves into the ground, and so the wages they can afford to pay their staff are going to be very low as well.

Geoffrey Crothall