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A.C. casinos cut 1,000 jobs in September

5 October 2009

ATLANTIC CITY, New Jersey -- As reported by The Press of Atlantic City: "Casinos slashed more than 1,000 jobs in September in the traditional post-Labor Day employment cutback.

"New figures released by the New Jersey Casino Control Commission show that 1,067 jobs were cut industrywide in September, reducing the total number of workers at the 11 casino hotels to 37,337.

"Casinos historically trim their payroll as business slows down after Labor Day, but the weak economy and competition from Pennsylvania slot parlors have put pressure on Atlantic City's gaming industry to cut even deeper to reduce costs.

"Nearly 3,800 jobs have been lost in the past 12 months, figures show. Employment is down to a level not seen since the late 1980s and well below the peak of 51,560 jobs in July 1997..."

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