![\"British](\"https:\/\/d341ezm4iqaae0.cloudfront.net\/hiringlaborg\/sites\/3\/2019\/07\/02171503\/Britsteel2.png\")
Real-time data showing job searches like these highlight the impact a company\u2019s collapse can have on workers in a town where manufacturing is in decline. While well-paid job opportunities abound across the UK, manufacturing employees at risk of losing their jobs are often forced to take service roles that pay less than their former employment \u2014 unless they are able to dedicate substantial time and money to retraining for better-paid careers.
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When traditional industry disappears, one way to qualify for a highly paid local job is to learn new skills. But retraining can be expensive and time-consuming. That suggests policies should be considered to fund programs to teach workers new skills in places affected by the decline of manufacturing.
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While the outlook for British Steel may be bleak, its employees have started searching for brighter futures.
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Methodology<\/strong><\/em> Data reflects trends on Indeed.co.uk, the UK\u2019s largest job site, which receives over 40 million visitors each month. We identified British Steel employees by looking at the most recent employer listed on CVs uploaded to Indeed or updated on the site in the past 12 months. CVs were anonymised before use for research purposes. Average salary for each job title was calculated as the mean log salary advertised in job descriptions on Indeed in the UK in 2019, rounded to the nearest hundred. When job descriptions advertised an hourly wage, those figures were converted to annual salaries, based on the assumption of a 40-hour week.<\/em> British Steel workers reacted quickly to the news that their employer was on the brink by searching for their next jobs online.<\/p>\n","protected":false},"author":35,"featured_media":11265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"recruiter-hub-blocks.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"post_mwm_category":[350],"post_topic":[],"post_content_type":[],"post_duration":[],"post_actions":[],"post_franchise":[],"post_mwm_author":[322],"class_list":["post-11263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","post_mwm_category-occupation-spotlight","post_mwm_author-padrjan"],"acf":[],"yoast_head":"\n
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