BAE Systems is expected to make a statement today regarding the potential loss of over 1000 jobs from 3 of its UK shipyards. This is thought to have been caused by the completion of two new aircraft carriers and the increase in costs relating to these projects. More information will become available once the statement is released http://www.bbc.co.uk/news/uk-scotland-24827221.
Although the UK economy has shown signs of recovery, job loss on this sort of scale shows us that we may have a long way to go until we see a significant improvement. It also highlights the delicate state of employment in many different sectors.
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