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Further Job Losses Loom Ahead for 2009

The loss of jobs in a number of Industry sectors continues to intensify into 2009.

The Tourism and Transport forum have released their quarterly tourism industry sentiment survey which indicates that ‘Major job cuts are a frightening but realistic prospect with up to 63% of the current tourism businesses expecting to make moderate cuts to their workforce in the coming year.

On top of this, sales in the automotive industry are down with a significantly decreased domestic demand for new cars, this will see a likely cut in manufacturer production and a number of layoffs in this sector.