Virginia: 37,000 Jobs in Danger

A liberal think tank estimated Wednesday that the cuts to the two-year Virginia state budget will lead to the loss of 37,000 jobs.

The cuts are being felt the hardest in the areas of education and health. Executive director of the Commonwealth Institute for Fiscal Analysis, Michael Cassidy, pointed out that the cuts will translate to a loss of $2 billion in economic activity, which will amount to a $130 million reduction in state tax revenues.

Governor Bob McDonnell had hoped to create 29,000 jobs from his economic package, yet the losses from the budget far surpass that best case scenario.

Career Connect (From our other career blogs):

Employment News (Sponsored by EmploymentSpectator)
Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
Layoff News (Sponsored by LayOffWatch)

Testimonial of the Week

I was facing the seven-year itch at my previous workplace. Thanks to EmploymentCrossing, I'm committed to a fantastic sales job in downtown Manhattan.

Joseph L New York, NY

+ Read More Testimonial

Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.

We have more jobs than any other job board.
We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
We collect jobs from more than 4,429,376 websites and post them on our site.
We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.