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Severe Income Loss for Employees who Rely on the Gulf Coast

If you have lost income because of the BP oil spill in the Gulf Coast, you have already been experiencing the extent of economic damage the disaster has caused workers. For many boat operators, income has often been drastically reduced to $5,000 a month from $50,000, for those who are lucky to still have an income at all. Several types of employees have lost income due to the BP oil spill.

Employees Who Lost Income Include

  • Concrete Company Employees
  • Cleaning Service Employees
  • Marine Engineers
  • Commercial Fisherman
  • Charter Boat Captains
  • Hotel Installation Business Employees
  • Truck Drivers for Fuel Companies
  • Commercial Painting Company Employees
  • Hotel Employees
  • Restaurant Employees
  • Cleaning Service Employees
  • Oil Riggers
  • Crane Operators
  • Landscaping Company Employees
  • Brick Masons
  • Construction Company Employees
  • Shrimpers
  • Packers
  • Distributors

BP Oil Spill Hits Property Owners Hard

Economists have predicted that over the next five years or so, more than $4 billion in total value will be lost on homes along the Gulf Coast. The weak economy is mostly to blame for the decline in home prices across the nation, but for homes along the 600-miles of shoreline of the Gulf, the oil spill has only worsened the situation. Prices are expected to fall 10%, leaving thousands open to foreclosure, default and unable to sell their homes in order to relocate.

Beachfront homes in Gulfport, Mississippi will be hit the hardest according to several reports, with an average loss of value of $56,000. Mobile, Alabama will most likely have a $45,000 decline in home value and Pensacola, Florida homes will decline in value by about $40,000.

BP Oil Spill Severely Impacts Hotel & Resort Owners

The Gulf Coast oil spill hit hotel and resort owners especially hard, whose livelihood depends on the dollars brought in from tourism. In Florida, a very large portion of the state revenue derives from tourism and with the combined devastation from the oil spill and the recession, the state has suffered significantly. Hotel and resort owners along the 1,197 miles of Florida's coastline are seeing the downturn first hand with the decline in vacationers.

The Biloxi-Gulfport area in Mississippi depends on dollars brought in from leisure and hospitality, accounting for twenty percent of jobs, and the state's beaches, casinos and sport fishing are taking a huge toll due to the oil spill. Several commercial and sport fisheries have already been closed.

$191 million is estimated to be drained from Alabama's economy due to devastation from the oil spill. Alabama's local economy is expected to suffer outmigration and extended loss of tourism, which could be detrimental to hotel and resort owners. Florida and Louisiana's loss is significantly higher.

Livelihood of Business Owners' Affected by BP Oil Spill

Business Owners Who Lost Income Include

  • Cleaning Service Owners
  • Property Managers
  • Landscaping Company Owners
  • Boat Owners for Commercial Fishing Industry
  • Marina Owners
  • Dock Owners
  • Pier Owners
  • Boat Ramp Owners
  • Restaurant and Bar Owners
  • Concrete Company Owners
  • Hotel Installation Business Owners
  • Owners of Transportation Companies
  • Commercial Painting Companies Owners
  • Hotel Owners
  • Construction Company Owners

Others Who Lost Income Because of the BP Oil Spill

The economic impact of the BP oil spill will more than likely exceed the $40 billion public estimate given by BP. The damage from the spill has affected businesses and people far and wide, including those such as water sports and rental shops, factory and plant workers in the seafood processing industry, cleanup workers and many others such as:

  • Recreational Fisherman
  • Chiropractors
  • Dentists
  • Telecommunication Account Managers
  • Salesmen of Employee Benefits Companies
  • Real Estate Agents

Filing a Medical Claim for Injury from Cleanup of the BP Oil Spill

If you suffered an injury as a result of cleanup of the BP oil spill, you are entitled to financial compensation. Some medical claims you may be able to file:

  • Skin damage, headaches, dizziness, nausea, confusion, coughing, respiratory problems, chemical pneumonitis
  • Serious, long-term damages without overt symptoms, such as liver and kidney disease, cancer, lung damage, a suppressed immune system, abnormal hormone levels, anemia, infertility, nerve damage and mutations
  • Birth defects when mother was exposed to toxins while pregnant
  • Abnormal growth and neurocognitive damage to children
  • Worsening of preexisting medical conditions

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