Economics expert analyzes Midwest agriculture industry amid John Deere layoffs

According to the Quad Cities Chamber, which aims to help boost the regional economy of the area, John Deere is the top employer of the Illinois-Iowa border cities. 

But since last September, the company has laid off almost 1,000 of its workers across both states. The layoffs have been a cause for concern for many.

Today, we are joined by an economics professor to understand what is happening and why.

GUEST:

Peter Orazem

Professor Emeritus of Economics, Iowa State University