Estimated read time: Less than a minute
WASHINGTON (AP) - A new study shows Utah residents who lost their jobs, after two major military bases in the state were forced to close -- are recovering from the economic loss.
The report shows communities hit by previous rounds of base closures have recovered about half the jobs they lost.
The Government Accountability Office released the report last week, showing the Department of Defense has saved an estimated 29(B)billion dollars from closing unnecessary U.S. bases in prior rounds of the Base Realignment and Closure (BRAC) Commission.
Officials say Odgen has created a 55-percent recovery rate, since the Ogden Defense Distribution Depot was ordered to close in 1995. While, Tooele Army Depot's North Area forced to close in 1993 has seen a 43-percent recovery rate.
(Copyright 2005 by The Associated Press. All Rights Reserved.)