Obama-nomics= MORE LAYOFFS
U.S. Steel is laying off more than 142 workers at its McKeesport Tubular Operations plant in McKEESPORT, Pa.
Under the Obama Administration, you can expect much more of this to come.
According to a press release from the company, it appears obamanomics is a contributing factor.
“As a result of business conditions, including the negative effect of the high level of tubular imports (many of which we believe to be unfairly traded), we are adjusting production at our McKeesport Tubular Operations. This adjustment in production will impact approximately 142 hourly employees,” spokeswoman Courtney Boone said in an email. “While we have made every effort to maintain employment levels at our operations, unfortunately we must now adjust our workforce to match our production levels.”
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