Antinuclear

Australian news, and some related international items

May 3rd: antidote to uranium lobby’s lies about EMPLOYMENT

text-nuclear-uranium-liesAUSTRALIA’S URANIUM EXPORT REVENUE IN PERSPECTIVE  YELLOWCAKE FEVER Exposing the Uranium Industry’s Economic Myths , Australian Conservation Foundation “…..IBISWorld’s market report (March 2013) states there are just 650 jobs across Australia in uranium mining.  In May 2006, the federal Department of Industry,  Tourism and Resources estimated “over 700 jobs” in  uranium mining and in October 2007 the Department’s
estimate was “over 800 jobs”. The World Nuclear  Association puts the figure at 1,760 jobs (1,200 in  mining, 500 in exploration and 60 in regulation).
Even the higher World Nuclear Association figure  represents just 0.015% of all jobs in Australia2 and considerably less than 1% of jobs in  mining, oil and gas operations (while all mining  accounts for about 2% of the total workforce). Prime Minister Julia Gillard puts the figure at “over  4,200 jobs” in uranium mining in Australia – presumably  using a 1,400 x 3 multiplier for indirect jobs. Yet Dr  David Gruen from the Macroeconomic Group at  Treasury states that “with unemployment close to  its lowest sustainable rate, it is not the case that  individual industries are creating jobs, they are simply  re-distributing them … there really isn’t a multiplier’’.
Inflated claims and estimates of uranium employment  are neither new nor the domain of one political party.  In 1988, Labor MHR Gordon Bilney claimed that  the unfettered expansion of the uranium industry  would generate 250,000 new jobs. In 2012, Premier  Campbell Newman stated the industry would generate  “thousands of jobs” in Queensland despite not having  any economic analysis to justify this implausible claim.
The Australian Uranium Association claims the  industry is a “significant employer of First Australians,  with some workforces comprising up to 15 per cent  indigenous employees.” In order to better reflect the  Indigenous employment variance between projects, if  we apply a 5% discount rate to the Association’s claim  and assume that Indigenous people comprise 10%  of the uranium workforce (still a generous estimate),  and if we take the highest of the available estimates  of total employment (1,760), that amounts to 176  jobs or roughly one job for every 3,000 Indigenous  Australians – hardly a fast track to closing the gap.  And this is before Dr Gruen’s point about redistribution  is considered in the employment equation…. http://www.acfonline.org.au/sites/default/files/resources/ACF_Yellowcake_Fever.pdf

May 3, 2013 - Posted by | AUSTRALIA - NATIONAL, employment, uranium

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