Published: 4th Feb 2019
THE UK’S MANUFACTURING SECTOR IS EXPERIENCING ITS LONGEST PERIOD OF SUSTAINED EMPLOYMENT GROWTH IN FOUR DECADES. IN THE FIVE YEARS TO MARCH 2018, 145,000 NEW MANUFACTURING JOBS WERE ADDED TO THE ECONOMY. WHILE THE OVERALL PICTURE IS POSITIVE, THE SECTOR STILL FACES CHALLENGES IN PERCEPTION AND RECRUITMENT.
The @Jefferson_MFG twitter account, which has more than 30,000 followers, chronicles investments and new factory openings in the UK Manufacturing sector. Despite all the uncertainly created by Brexit, there have been nearly 200 factory openings and expansions during the last 12 months. While slightly down on 2017 this is still remarkably high. The operators of the account, who have followed the sector for over 20 years, say that they have not observed such a strong run of new factory openings in all of that time.
Newly emerging trends, which may well have contributed to this unprecedented level of activity, include the automotive sector’s move away from fossils fuels towards hybrid and fully electric vehicle technology. In the rail industry, CAF Rail, Talgo and Siemens Mobility have announced new factory openings in Newport, Fife and Goole, respectively.
Read the full articel here: http://ukmfgreview.com/themes/labour-market-challenges-and-opportunities/