Refusal to join Euro is costing jobs, says GMB chief

than 400 manufacturing jobs have been lost every working day since the start of
the year, according to a new survey.

for trade union GMB by the independent Labour Research Department, the research
shows that more than 42,000 jobs were lost in the manufacturing sector so far
this year.

was the hardest hit region with 6,644 job losses. Northern Ireland suffered
4,837 losses and the North West of England was close behind with 4,174.

union claims the losses are due to Britain’s refusal to join the Euro.

Curran, GMB general secretary, responded to the figures today.

failure to become part of the eurozone to date has not only cost us influence
and access in Europe, it has cost us investment, trade and, most important of
all, jobs. We are losing more than 400 jobs a day in the manufacturing sector
and not a week passes without yet another business leader warning us that
failure to engage with the Euro is threatening further British jobs. We need a
clear and unambiguous road map that will begin to lead us towards euro entry.
The five economic tests must not be manipulated to put off the date of a future
referendum once again."

job losses by region:

Midlands 3,615
Eastern 1,976
London 45
Merseyside 277
North East 2,003
North West 4,174
Northern Ireland 4,837
Scotland 6,644
South East 3,621
South West 1,254
Wales 2,486
West Midlands 3,096
Yorkshire & Humberside 2,712
UK Wide 5,272
UK Total 42,012

By Quentin Reade

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