Small Town Faces Economic Collapse As Employers Cut Thousands Of Jobs
WILMINGTON, OH - DECEMBER 19: A Wilmington High School cheerleader jumps during a varsity basketball game December 19, 2008 in Wilmington, Ohio. Many students' parents have been affected by the massive job cuts by air shipping partners DHL and ABX, the two largest employers in Wilmington, which will total between 7,000-10,000 layoffs. The resulting high rate of unemployment is expected to devastate the local economy, both in terms of joblessness and in lost tax revenues to support schools and basic services in the area. (Photo by John Moore/Getty Images)