134 jobs lost due to business closures in Gladstone
RESEARCH from the Gladstone Engineering Alliance has found at least $4.4 million dollars in wages has left the Gladstone region due to business closures in the last year.
The study found that 27 businesses had closed from July 2014 to June 2015 and at least 134 employees had lost their jobs.
The businesses ranged from The Sex Shop, Toyworld, Wendy's and engineering consultants Clough Amec.
Engineers Australia Gladstone spokesperson Andrew Hopkinson said the money in Gladstone was drying up.
"If the engineering has dried up then projects just won't start," he said.
"For example the gas projects would have 4-5 years of engineering study before they turned a sod of dirt."
Engineers Australia general manager Ian McEwan said the engineering work in the region was worrying.
"I know across Australia there have been thousands of lay-offs in engineers and vacancies rates have been declining for the last 14 months," he said.
"It sets a worrying picture for the future of our economy because it is based on engineering."