The pace of losses in manufacturing jobs is slowing down, reflecting positive developments in the sector at large and pointing toward more job opportunities in the future.
The latest Confederation of British Industry (CBI) and Experian Regional Trends Survey shows that manufacturing employment fell at its slowest pace for two years during the last quarter alongside measured growth in output and an increase in new orders.
In addition, half of all UK manufacturers are currently operating at full capacity, meaning that employment opportunities may be set for a subsequent increase in the coming future as demand for staff grows.
In the three months up to July, job cuts were held at roughly 5,000 in total, indicative of a slower rate of cuts overall. Meanwhile four UK regions saw an increase in manufacturing employment, led by the east Midlands and north-west.
"With more firms now working flat out than at any time since early 2006, there has been a very welcome effect on jobs," Doug Godden, head of economic and fiscal policy at the CBI, told the Manufacturer.
The Office of National Statistics states that manufacturing output rose 0.2 per cent in June from the month previous, marking the fourth consecutive monthly increase.
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