- Morrisons – good news!
Morrison the supermarket people ?
I am never impressed when it’s announced that a supermarket chain has “created” X number of jobs.
Supermarket never create jobs, they destroy them.
Every item of product bought by customers in a new supermarket which operates on the principle of high turnover and low labour levels, is an item of product which won’t be sold in a low turnover, high labour intensive shop.
Which of course isn’t necessarily a bad thing, if that’s what people want – and it does keep prices down.
But it’s darn right misleading when a supermarket chain claims to have “created” jobs.
Unless of course, they have found a way of making us all buy stuff which we wouldn’t otherwise be buying.Posted 9 years agoCaptainFlashheartMember
Waitrose is also making a large number of new jobs, over 3,000 IIRC. Good news.
Ernie, more shops = more people spending money = more demand for products = increased production = more jobs = more people earning = more people able to buy products from more shops = more shops = etc. etc. etc.
Good, eh?Posted 9 years ago
more shops = more people spending money = more demand for products = increased production = more jobs = more people earning = more people able to buy products from more shops = more shops = etc. etc. etc
Well if Morrison’s are ‘creating’ 5000 new jobs because all of a sudden there’s been a huge increase in the demand for toilet paper and loaves of bread then yes, it is indeed good news Captain.
However, I suspect the recent increases in supermarket sales which has been experienced by all of the big supermarket chains, has more to do with the fact that in the present economic climate, people are having to tighten their belts and instead of buying bread from bakers, meat from butchers, or toilet paper from the corner shop, they are now choosing cheaper supermarket alternatives.
I doubt very much that it’s because people are eating more or wiping their arses more often.
Which suggests that overall, supermarket expansion will lead to a reduction, not an increase in jobs in that sector.Posted 9 years ago
All of the supermarket chains have had good results recently – hardly surprising really. Morrisons did best out of the “big four”. The discount stores like Aldi did even better – again hardly surprising.Posted 9 years ago
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