SAN JUAN, P.R., May 1 — Puerto Rico's government ran out of money on Monday and imposed a partial public-sector shutdown, putting nearly 100,000 people out of work and granting an unscheduled holiday to 500,000 public school students.
There's a serious possibility our brightest minds in cybersecurity will consider moving to the private sector following a shutdown of this magnitude.
This fear is so pervasive that it has brought the credit sector to a virtual shutdown, even to borrowers with good credit.
The slump in production was mostly concentrated in the automobile sector, following recent plant shutdowns in response to the collapse in demand worldwide.
"There will also be some impact from lost private-sector jobs tied to the shutdown, as well as a loss of consumer and business confidence resulting from the debt-ceiling showdown".
The shutdown is spreading into the private sector.
We will open a kitchen on Pennsylvania Ave this week to join private sector effort to feed federal employees during the shutdown.
Britain's industrial sector shrank unexpectedly in September as North Sea oil shutdowns dragged output lower, weighing on the broader economy in the third quarter.
The airport shutdown has wreaked havoc on Brussels' tourism sector, triggering a significant drop in arrivals and forcing thousands of passengers to be rerouted to other airports around Belgium.
The government shutdown has most of Washington's public sector furloughed, so Tom Power — the White House's Deputy Chief Technology Officer — decided to take up bartending.
Wednesday saw the start of a two-day nationwide shutdown, as transport workers and other public-sector employees joined the burgeoning student movement in protest.
