Scott: Lafayette losing 3,000 jobs next year
Scott's job loss predictions are supported by another expert: Dr. Joseph R. Mason, LSU Endowed Chair of Banking and nationally renowned economist, estimates that the proposed energy tax changes would trigger grave economic consequences, among which are:
- Initial losses of more than 154,000 jobs by the end of 2011, not only in the energy sector but across the entire economy;
- More than $341 billion in lost U.S. economic output; and
- In excess of $68 billion in lost wages nationwide
View Mason's September report here.
Scott says the Lafayette metro will lose another 800 jobs in 2012.
Hear Scott's complete analysis at Tuesday's Entree to Business Luncheon, presented by ABiz and sponsored by MidSouth Bank and Dwight Andrus Insurance. Tickets are $50 per person or $450 for a reserved table of eight. For more information or to order tickets, contact Robin Hebert via email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 337-769-8603. Read more about the annual event here.
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Subscribe to this comment's feedwritten by Look Back , October 07, 2010 - 02:26 pm
I would like to see a comparison of his previous annual predictions vs. what really happened.
written by Turiddu , October 07, 2010 - 03:54 pm
written by Jenny Lind , October 07, 2010 - 09:15 pm
written by NORTHSIDIAN SHOTGUN , October 10, 2010 - 02:53 am
written by Plumpy , October 10, 2010 - 12:25 pm
written by Northsidian Shotgun , October 10, 2010 - 09:30 pm
written by Jimbob sux , October 13, 2010 - 07:43 pm
written by NORTHSIDIAN SHOTGUN , October 14, 2010 - 09:09 am
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Listen, people. Bush II passed all sorts of tax cuts, every one imaginable, from 2001-2008. How'd that work out for us? Obama wants to bring them back to the levels that Reagan set in the '80s. What's wrong with that? Do you guys hate Reagan that much?
If anything, this all points to diversification. We failed to do it effectively in the '80s, and as a result, our state remains dependent upon a third world economy of extraction. C'mon, get your wheels out of the rut, Louisiana!