job-cuts

Another Country Enduring Major Mining Job Cuts

America's resource industry is downsizing with 17,000 mining job cuts.

There are reports coming in from all around Australia of major job cuts in the mining sector. It is not encouraging for the job seekers looking to enter the industry as it means more experience workers competing for job listings.

Some recent headlines that sound alarming include:

  • BHP eye further job cuts in iron ore unit (Source: Business Speculator)
  • More mining jobs lost as companies wage war on cost (Source: SMH)
  • Jobs cuts at Alacer Gold (Source: Mining Australia)
  • Xstrata Coal confirms Bowen Basin job cuts (Source: ABC)

It definitely doesn’t paint a pretty picture of the industry from a job seekers perspective, but this isn’t just a local problem – other countries are suffering similar mining job cuts.

17,000 Mining Jobs Cut Since May In Which Country?

Have a guess at which country has suffered this many job cuts in the mining industry since May? It’s probably not who you think…

The answer is The United States, and of those 17,000 job cuts, 9,000 of them came in October alone!

The official statement from the US Bureau of Labor Statistics is:

Mining lost 9,000 jobs in October, with most of the decline occurring in support activities for mining. Since May of this year, employment in mining has decreased by 17,000.

The figure was just another statement in a jobs report and unlike in Australia, it doesn’t seem to have been picked up by very many news sources – The Heritage Foundation and The Daily Caller are the only two that come up in our searches.

So is this an example of the US Government and American news sources sweeping the issue under the rug, or is it just that the mining sector is not such a political boiling pot as in Australia?

In Australia, it seems like every single announcement of job cuts in the mining industry (no matter how big or small) is used as a political tool or media ‘hype up’, whereas 17,000 jobs cut barely even creates a blip on the US news radar.

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