AEROSPACE EMPLOYMENT
Commercial Sector No Longer Able To Absorb Laid-Off Defense Workers
NEW YORK Unemployment in the U. S. aerospace industry will soar this year as companies position themselves to cope with shrinking defense procurements and budgets. Since January, more than 45,000 defense-related jobs at major manufacturers have been earmarked for elimination in the next 18 months, and an additional 90,000135,000 positions in the aerospace vendor base could be lost as a consequence of cutbacks at the prime contractors.
By STANLEY W. KANDEBO