Economy
Lossiemouth is heavily dependent on the Royal Air Force station for its employment of civilians. In 2005, RAF Lossiemouth along with its neighbour RAF Kinloss contributed £156.5 million (including civilian expenditure) to the Moray economy, of which £76.6 million was retained and spent locally. The bases are responsible for providing, directly or indirectly, 21 per cent of all employment in the area.
Before the RAF, fishing was almost the sole industrialised process in Lossiemouth but now contributes very little to the overall economy; in 2001, fishing accounted for 1.62% (55 individuals) of the full-time employment of Lossiemouth. However, some engineering businesses once associated with fishing still exist in the town. Unlike other sizable towns in the area, Lossiemouth has not attracted the large supermarket groups due to its proximity to Elgin which also provides employment to a significant proportion of the working population.
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Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)