Jobless recovery, grim future

Posted on 3 Feb 2011 by The Manufacturer

Manufacturers need to start recruiting if they are thinking about the long term, says Jonathan Lee, of Jonathan Lee Recruitment.

Unfortunately the improved manufacturing PMI figures have not translated into a large upswing in recruitment in the manufacturing sector. In short, it is largely a jobless recovery. Currently, most manufacturers are able to respond to increased demand without recruiting, in large part due to spare capacity built up during the recession. As margins have been…

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