Tuesday, July 12, 2011

Labor Market Risks of a M7.8 Earthquake in Southern California

The ShakeOut Scenario is a program developed by the U.S. Geological Survey (USGS) to examine the implications of a magnitude 7.8 earthquake in southern California and to help people and organizations become better prepared before the next big earthquake. According to USGS, the most likely source of a large earthquake in California is the southern segment of the San Andreas Fault.

The Bureau of Labor Statistics has analyzed data to assess the potential business and economic losses if a 7.8 magnitude earthquake were to occur in southern California. VIEW REPORT (.pdf)Link
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