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Realistbear

The Times: 111,000 Manufacturing Jobs Lost Nov-jan

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http://business.timesonline.co.uk/article/...2087307,00.html

A more detailed inspection of today’s jobless figures
shows that the UK’s beleaguered manufacturing sector continues to shed jobs. In the three months to January, the number of people employed in factories fell by 111,000 compared with the same time last year. There are now just 3.08 million employed in manufacturing, the lowest level since comparable records began in 1978.

As we export our jobs to China and India house prices will have to reflect the new paradigm: endemic high levels of unemployment.

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http://business.timesonline.co.uk/article/...2087307,00.html

A more detailed inspection of today’s jobless figures
shows that the UK’s beleaguered manufacturing sector continues to shed jobs. In the three months to January, the number of people employed in factories fell by 111,000 compared with the same time last year. There are now just 3.08 million employed in manufacturing, the lowest level since comparable records began in 1978.

As we export our jobs to China and India house prices will have to reflect the new paradigm: endemic high levels of unemployment.

Not unlike the 70s! Will this be a new Winter of discontent

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Not unlike the 70s! Will this be a new Winter of discontent

Will anyone notice? :lol::lol:

More than a million local government workers are set to strike ...

Oh No! - how will I get through a full 24 hrs without a best practice and excellence officer at hand?

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Looks like Gordon may be spinning the bleak news:

http://www.downingstreetsays.org/archives/002493.html

Put to the PMOS that the employment figures published today had shown one of the biggest monthly rises in 15 years, and what was the reaction to them, the PMOS replied that people should look back at last month's figures which had shown that unemployment had fallen by 2000. It was not therefore possible to say that this was part of a trend, because if people looked back over the last year, employment had risen by 178,000. Therefore, in terms of the overall economy, that was where we were. Clearly, people would be looking to see the particular reasons for last month, and what the figures would be next month.

Sir Humphrey has been busy!

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Will anyone notice? :lol::lol:

Lol, that's true, back in '79 the government actually ran the commanding heights of the economy and public workers kept the power, water, gas networks up and running, they did useful shit, thesedays even the London buses are run by private companies.

21st century Britain is different, bejesus who's going to coordinate all those clusters! :o

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As we export our jobs to China and India house prices will have to reflect the new paradigm: endemic high levels of unemployment.

Traditional manufacturing has been on a downward trajectory for some time; the service sector has, however, taken up the slack. Does it really matter whether we export financial services or metal widgets?

Aside from this, high-value manufacturing continues to hold its own.

I don't believe this will cause a major problem in the long term. Agriculture took a bit of a battering after the industrial revolution

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Traditional manufacturing has been on a downward trajectory for some time; the service sector has, however, taken up the slack. Does it really matter whether we export financial services or metal widgets?

Aside from this, high-value manufacturing continues to hold its own.

I don't believe this will cause a major problem in the long term. Agriculture took a bit of a battering after the industrial revolution

Depends if we believe outsourcing will erode UK jobs. Why pay UK rates when you can send the work overseas for much less?

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On the subject of manufacturing

I work within the industry and I'm quite certain we are to make redundancies at the end of this month.

Thankfully I have neither a mortgage nor (hopefully) on the redundancy list. Our sales (electronics)

have literally nose dived despite cutting profit margins to a near operating loss.

And all this with an impending round of IR increases..the aftermath will be quite messy i'm sure

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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