Saturday, 17 March 2012

Does the UK have the right jobs?

The UK - like most Western countries - is desperate to create more jobs. However, many of the jobs that are created are low value, part-time, service jobs. What the UK needs is more manufacturing.

Does it matter?

Yes, it does. The multiplier effect of manufacturing jobs - creating more jobs throughout the supply chain - is far greater. The recent announcement of a new Nissan model for their Sunderland factory is excellent news .. this will ripple through and create many more jobs.

So, the government should be doing all it can to encourage manufacturers - existing ones and new ones.

(And I,haven't even mentioned that the once 'darling' financial services sector is the one that got us into this mess in the first place.)

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