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A large portion of the labor engine of one of the most significant industrial cities has been halted indefinitely. Naturally, there are almost no employers ope
by fuzzfactor 9y ago
A large portion of the labor engine of one of the most significant industrial cities has been halted indefinitely.
Naturally, there are almost no employers operating and no way for employees to get to work anyway.
Once the water recedes there will still be an unprecedented number of formerly-paying jobs that can not be returned to for an unexpectedly long time if ever.
At the exact time that there will be an unprecedented number of people who have lost everything, including their homes, and a lot of these are the same people.
So many that could not afford to miss a paycheck under ordinary conditions.
Until further notice the city will not only be running on stored resources, but primarily the availability of stored resources.
What amounts to the wealth of a rural nation will need to effectively stream into Houston merely to sustain it until industrial recovery can establish momentum.
Shortages relative to the amount of wealth ordinarily generated by Houston on a daily basis will only exacerbate the difficulty.