NHL Lockout

With the NHL lockout still going on, the season is in danger of being cancelled completely now. Negotiations have resulted in very little progress between players and owners. With the NHL not playing any games for the first half of the year, and possibly the entire season, there are a few economic implications. One of these is that all the people employed by the teams like ticket salesmen, ushers, and seating attendants have been forced to look for other jobs, which there is a scarcity of. The lockout also takes business away from stores and restaraunts in the area around the arenas where the games are played, because there are no longer large quantities of people coming to the arenas. The lockout has increased the scarcity of resources that already existed. To read about the most recent negotiations, go to: http://sports.espn.go.com/nhl/news/story?id=1977341