This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Space Workers Struggle A Year After Last Shuttle

MIKE SCHNEIDER

TITUSVILLE, Fla. (AP) â¿¿ A year after NASA ended the three-decade-long U.S. space shuttle program, thousands of formerly well-paid engineers and other workers around the Kennedy Space Center are still struggling to find jobs to replace the careers that flourished when shuttles blasted off from the Florida "Space Coast."

Some have headed to South Carolina to build airplanes in that state's growing industry, and others have moved as far as Afghanistan to work as government contractors. Some found lower-paying jobs beneath their technical skills that allowed them to stay. Many are still looking for work and cutting back on things like driving and utilities to save money.

"Nobody wants to hire the old guy," said Terry White, a 62-year-old former project manager who worked 33 years for the shuttle program until he was laid off after Atlantis landed last July 21. "There just isn't a lot of work around here. Or if so, the wages are really small."

White earned more than $100,000 a year at the end of his career at the space center. The prospects of finding a job that pay anywhere near that along the Space Coast are slim.

"I could take an $11-an-hour job that is 40 miles away," he said "But with gas prices and all that, it's not really worthwhile."

More than 7,400 people, who once had labored on one of history's most complicated engineering achievements, lost their jobs when the shuttle program ended last July. While other shuttle workers in Houston, New Orleans and Huntsville, Ala., lost jobs, those areas had bigger economies to absorb the workers. In less economically diverse Brevard County, the mainly contractor positions cut by NASA accounted for just under 5 percent of the county's private sectors jobs.

The Kennedy Space Center's current workforce of 8,500 workers is the smallest in more in than 35 years. In the middle of the last decade, the space center employed around 15,000 workers.

1 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,493.37 -69.93 -0.42%
S&P 500 1,925.15 -5.52 -0.29%
NASDAQ 4,352.6390 -17.1340 -0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs