Recession Hits Jobs in US Chemical Industry

New figures from the US Department of Labor show that the number of job losses in the chemical industry has increased steadily in 2009. The figures show that the industry now employs 41,000 fewer workers than at the same time last year, a decrease of 5% Whilst employment numbers in the chemical industry have been falling for several years, this is believed to be due to productivity improvements. The latest falls are very much thought to be recession related, with most of the cutbacks in production positions. I don't consider these figures to be a surprise. Almost all organisations are having to deal with the effects of recession and cost savings are essential to survival. What is vital, however, is to use a robust management of change process when deciding where to make cuts - otherwise safety, productivity and your reputation could suffer as a result of poor decisions

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