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Adzuna Comments on Today’s CBI Industrial Survey Statistics

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Doug Monro, co-founder of Adzuna comments:

“Many communities and cities built on manufacturing – like Derby with its large engineering sector and Sunderland, a car manufacturing stronghold– are still dependent on the industry today.

“But not all workers are getting a fair return. Times are getting tougher for the sector. The strong pound is dampening orders from abroad, but the pound’s recent fall against the US dollar and euro mean exports to the US & Europe have promise.  Closures continue to be common and overseas competition is making its mark. The uncertainty of the upcoming EU referendum is also having an impact. A quick resolution would be beneficial to stabilise industry confidence. Financial prospects are similarly dipping.

“Manufacturing workers saw a 2.9% decline in average advertised annual salaries in November to reach £29,582 – placing them in the lower section of UK earners. Despite this, the industry does have massive potential. Vacancies were up from last year to 19,091 in November. Britain’s manufacturing should be a priority – production is the pulse of the UK’s jobs sector.”

SOURCE: onrec.com

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Stuart has over 10 year’s experience in and around the recruitment industry, working his way up from a Production Editor to Director of Onrec.

Online Recruitment magazine is for HR Directors, Personnel Managers, Job Boards and Recruiters providing them with information on the Internet recruitment industry.

Onrec.com aims to help human resource professionals, recruiters and jobseekers find the best resources available to them on the Internet. We provide 3 databases of invaluable information about Job boards, HR & Recruiter Suppliers and resources for Jobseekers.

We produce a bi-monthly magazine with in-depth edited industry comment and articles written by our in-house journalists.

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