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Layoffs Ravage Atlantic City Casinos
ATLANTIC CITY, NEW JERSEY --
Ten of the eleven existing Atlantic City casinos are jettisoning jobs at an alrming rate, according to a report released by the New Jersey Casino Control Commission. In the last year, seven percent fewer people are employed by city casinos, a loss of over 2700 jobs.
Only Harah's Resort Atlantic City has increased employment over the twelve-month period, adding three hundred new workers to its staff as the casino opened a second hotel tower. In December, 566 fewer jobs existed than the month before, compared to 78 the year before. Merry Christmas, everyone!
Bally's Atlantic City led the town in layoffs, dropping 669 positions this year. Tropicana Casino and Resort released figures that looked relatively stable, sacrificing only 65 jobs, but it had cut over 1000 jobs last year, resulting in the operator's losing its license and a trustee inheriting control. Still, those thousand jobs did not reappear.
Future prospects may be equally dim, as four different casino construction projects have been cancelled or suspended in recent months. City leaders had looked to the new proposed destination casinos to rescue the local economy, lower unemployment, and save the city's image from further fading.
Atlantic City employees with marketable skils are creating an exodus, seeking jobs such as those potentially available for dealers if the blackjack compact between the Seminoles and Florida can be rescued. In the meantime, it's hard times again for an area that's seen many of them over the years.
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