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Latest News

Job trends continue in manufacturing

by Personnel Today 16 Nov 2000
by Personnel Today 16 Nov 2000

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There have been more job cuts in the manufacturing industry, according to the CBI’s latest regional trends survey.


The survey published in association with the firm Business Strategies Ltd, shows employment levels declined most steeply in Yorkshire and the Humber region over the past four months compared to other UK regions.
Employment fell everywhere, bar Northern Ireland, where the employment rise is expected to continue in line with overall business confidence. The situation in Scotland remained relatively stable. Job cuts in other regions are also set to continue, the survey found.
Hann-Ju Ho, senior economist at Business Strategies, said higher oil prices, intense competition and the high level of sterling, have meant that profit margins remain extremely tight for many manufacturers. “More will go to the wall, meaning further job losses,” he said.

www.cbi.org.uk


By Lisa Bratby

 
 
 
Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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