State Department layoffs could hurt US companies’ ability to compete globally – an economist explains why
- Written by Carey Durkin Treado, Associate Teaching Professor of Economics, University of Pittsburgh
When more than 1,300 people at the U.S. State Department lost their jobs in a mass firing this summer, most headlines focused on what it meant for American diplomacy. But the layoffs are about more than embassies and foreign policy – they could also make it harder for U.S. companies to compete in global markets.
The July layoffs – part...