Job Losses


This is something that always irritates me:

Minister to fight for Alcoa jobs

Talks to save 298 jobs at the Alcoa aluminium plant in Swansea are under way following an announcement that the plant is to close in March.

298 jobs in 4 months time.

According to national STaTiSTiCS (sic) (and sick), 56,000 extra people entered employment over the last quarter.

Therefore, about 1000 new jobs were created per working day.

Also, that’s net of job losses. I don’t have a source for how many job losses there were per day over the quarter – all I can say is that there were a thousand more jobs created than were lost, per day on average.

And a government minister is spending effort on trying to do something about 298 of them. On current trends 70,000 new net jobs will be created between now and the time these 298 are laid off – is there nothing that could be done that might make that 70,500, swamping the effect of this one event? Some regulation that could be removed that might have that



Recent Comments