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Rio Tinto lays off 16,000 as profits slump by more than half
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09-02-2009, 11:06 PM
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Poeetiol
Join Date
Oct 2005
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but isn't the commdities picking up?
I checked with my colleagues. The resources industry lost 60,000 jobs. Those on temp visas have to either look for other jobs or return to their country of origin.
But Aussies and PRs will be able to get unemployment benefits/Newstart allowance from the govt agency, Centrelink.
The buildling industry is picking up some slacks. Some resources industry people return to become teachers or farmers, mechanic, etc.
The LNG industry is progressing.
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