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Byline: By Ross Smith Ross Smith may refer to:
  • Ross G. Smith (born 1942), Australian rules footballer for St Kilda
  • Ross Macpherson Smith (1892-1922), Australian aviator
  • Ross Smith (Kangaroos footballer), Australian rules footballer for North Melbourne
 

The North was last night told to brace itself for a decade with no increase in jobs in a grim forecast by business experts.

The prediction casts further doubt over Labour's full employment pledge for the North-East by 2010.

It says job growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
 in Tyne and Wear Tyne and Wear, former metropolitan county, NE England. Created in the 1974 local government reorganization, the county embraced the Newcastle upon Tyne conurbation and comprised five metropolitan districts: Newcastle upon Tyne, North Tyneside, South Tyneside,  ( the powerhouse of the region's economy ( and Northumberland will average exactly zero over 10 years.

Durham, Teesside and Cumbria will even see falls in employment levels, says the Experian Business Strategies study. Labour MP for Blaydon Dave Anderson said: "Things do have to change massively which is partly why I want our Government to be much more clear and forthright about what they intend to do."

Meanwhile, a second report yesterday said the North can expect to see a tide of people buying up houses in the region to use as second homes.
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Publication:The Journal (Newcastle, England)
Date:Aug 25, 2005
Words:145
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