Manufacturing job figures are on rise
MORE jobs are being created by manufacturing and retail firms but there has been a slump in other sectors including banking, a study reveals.
Job site reed.co.uk said its research suggested a recovery in manufacturing, with more than 20 per cent more jobs last month compared with a year ago.
The report revealed a 31 per cent fall in apprenticeships and 14 per cent cut in banking posts.
James Reed, chairman of reed.co.uk, said: “It’s encouraging to see that more jobs are being created in manufacturing, as it has such a positive effect on the wider economy.
“As we produce more goods, the benefits ripple out into supply chains and the gains are felt among the wider workforce.”
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