By Charlie Passut | Tidewater News
Published Saturday, December 26, 2009
FRANKLIN—The Hampton Roads Planning District Commission has unveiled what it believes unemployment figures will look like once the International Paper Co. paper mill closes in the spring.
Economist James Clary said the HRPDC, using an economic impact software program from Regional Economic Model Inc. (REMI), estimates that the region will lose 2,850 jobs as a result of the mill’s closure. That figure includes 1,750 jobs indirectly tied to the mill.
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