Thousands of jobs 'under threat'

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New business opportunities must be grasped to offset thousands of possible job losses in Aberdeen and Aberdeenshire, it has been warned.

A new report by Aberdeen City and Shire Economic Future (Acsef) predicted the net loss of 6,000 local jobs during the current economic downturn.

It is hoped the number could be regained over the coming decade.

Acsef highlighted areas of opportunity such as tourism, exports, and older skilled workers returning.

The report, commissioned by Scottish Enterprise, forecasted the local economy would shrink by 2.7% during 2009, before beginning to recover.

'Key roles'

Acsef chairman Tom Smith said: "We must focus on the opportunities that are inevitably arising as a result of the recession.

"At a time when there may be a bit of slack, businesses need to innovate and Acsef welcomes the work by Scottish Enterprise which offers companies advice and assistance in coming up with real innovation to give them a competitive edge.

"However, Acsef can only do so much and our politicians, both local and national, as well as the banks will play key roles in the recovery."

Scottish Enterprise regional director Maggie McGinlay, said: "The findings will play an important role in helping to inform our priorities for future investment and allow us to achieve the greatest value and economic impact."