EconomyUK: Leeds Arena: To boost its economy Metropolitan Leeds, England, will build 55 million pounds worth of arena

ContractJournal.com reports a then-anticipated building venture in the city of Leeds, England in Four contest £55m Leeds arena deal - 18/11/2009 - Contract Journal by Brian Warner, who had said then that the project's launch woud take place November 2010, and it woud be completed in 2012,

I encountered the Warner article May30,2k10. The same webvisit brawt me also to an article that informs us the Contract Journal and its webling ContractJournal.com woud have closed down in Nov2k09. The Contract Journal had been publishing for 130 years.  England has been hit hard by the financial crisis which restricts enterprises of all kinds, and certainly has spilled over to workers (especially in the key industry of large-scale construction), workers who often have nowhere else to go, but onto the Dole.

Sad day for workers, for construction contractors, and the entire large-scale construction industry! Has the UK economic picture unclouded sufficiently to start hiring again? Have many of the newly-unemployed tried to set themselves to working again by way of independent contracting or by finding jobs at smaller construction firms? For those who have had to scale-down their/family income due to these moves to gain work in lower-wage jobs, has competion among the independents and smaller firms in the industry led to an increasingly severe competition at low wages? That's the pattern economically-informed job-hunters and onlookers woud expect, but perhaps not so much in Leeds which hopefully will have at least that monster project going for a new arena, starting this November and on into 2012, if all has gone well / is going well. If not, in the meantime, have construction workers in Leeds had to move out?, I wonder.

Update: Here are some labour stats for Leeds (Yorkshire and the Humber River area): official labour stats for Leeds.

-- EconoMix