[californiadisasters] Report says big Southland quake would have huge effect on workforce and economy

Report says big Southland quake would have huge effect on workforce and economy

By Kurt Streeter, Los Angeles Times

June 22, 2011
A massive earthquake rippling down the lower half of the San Andreas fault could cripple Southern California's economy and deal a severe shock to millions of workers and hundreds of thousands of businesses, according to a report released Tuesday by the U.S. Bureau of Labor Statistics.

Modeling the effects of a 7.8-magnitude earthquake, the likes of which has not been felt in Southern California since the 1850s but which geologists say is overdue, the study divided the region into areas of vulnerability, highlighting zones expected to receive either "very strong" or "destructive" shaking.

Underscoring the urgency of the report, Bureau of Labor Statistics Regional Commissioner Richard Holden said that a 7.8-magnitude earthquake — much larger than the 6.7 quake that rocked Northridge in 1994 — would "put our jobs and economy at risk."

(CUT)

http://www.latimes.com/news/local/la-me-earthquake-report-20110622,0,1862720.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fnews%2Flocal+%28L.A.+Times+-+California+|+Local+News%29&utm_content=Google+Reader

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