Fewer manufacturing jobs expected as industry gets more specialised

Fewer manufacturing jobs expected as industry gets more specialised

Food and beverage products make up 71 per cent of all manufactured goods exports and have shown consistent growth over the last decade. There will be fewer manufacturing jobs in the long term, but they will be more highly-skilled, a report by the Ministry of Business, Innovation and Employment forecasts.

The disruption and innovation within the manufacturing industry is being referred to as the "fourth industrial revolution" and it’s expected to create safer specialised jobs, as robots undertake more hazardous tasks and increase efficiency and therefore profitability, the report says.

Driving these changes will be augmented and virtual reality, automation, the […]

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