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Manufacturing Job Loss Varies by Sector

But nearly every sector is experiencing some kind of employment cutback.

By John McCloud | Updated on March 11, 2009

A new report from MAPI/Manufacturers Alliance finds that 24 of the 25 manufacturing industries it tracks lost jobs between December 2007 and January ’09. Though the organization expects economic growth to return in second half of this year, it does not anticipate a manufacturing employment rebound until early next year.

According to the report, motor vehicle and parts employment experienced the largest decline at 21%, which in turn led to 10% job loss in the plastic and rubber products industries and 9% in primary metals. Meanwhile, the plunge in the housing market led to 19% job loss in furniture, 17% in wood products, 11% in nonmetallic mineral products and 10% in textile product mills. Even food and beverage manufacturing, which tends to fluctuate very little, saw employment decline 1% and 2%, respectively.

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