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Redundancies

The level and rate of redundancies are important measures of changes in labour demand. When coupled with changes in total employment, they provide an indication of the overall health of the labour market. However, redundancies may be concentrated in particular sectors of the economy, suggesting that economic restructuring is taking place. For example, the decline in manufacturing has been accompanied by relatively high redundancy rates in that sector of industry.

PACE (Partnership Action for Continuing Employment) redundancy activity and support, which is the responsibility of Skillls Development Scotland (SDS), has been given to 567 employees in West Lothian in the first eight months of the financial year 2012/2013

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