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Strike action would hurt L.A.'s economy, study says
February 21, 2007 The high risk of a "real or de facto" strike by Hollywood unions means film industry employment could drop substantially in 2008, according to a new forecast by a regional economic group. The Los Angeles County Economic Development Corp. report, set for release today, covers an array of regional business sectors but spotlights entertainment as a primary trouble spot. LAEDC chief economist Jack Kyser noted a "variety of scenarios" over how negotiations between the WGA, SAG and the DGA and studio representatives might unfold this year and next.
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