UK manufacturing industry recorded the most job losses last year

The study measured job creation across 69 different sectors, with manufacturing making up three of the worst five areas for percentage change in employment numbers last year.

The manufacture of chemicals saw a 12.9% decrease in employment numbers to 88,000 from 101,000 and came last out of the 69 sectors.

Meanwhile, the manufacture of computers experienced an 11.5% decrease in jobs followed by the manufacture of pharmaceutical, which saw a 9.8% decrease.According to UHY, the fall in employment numbers in the manufacturing industry is due to the ongoing shift in manufacturing to countries where labour costs are lower.The rise of technological […]

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