Manufacturing sector continues haemorrhaging jobs
27 August 2014
Today, manufacturing sector advocacy group, Manufacturing Circle, revealed that 59000 jobs have been lost in the manufacturing sector in the second quarter of the year.
This follows the release of economic data indicating manufacturing industry shrank by -0,3 percentage within the second quarter.
Manufacturing Circle represents 36 major industry players within the manufacturing sector.
Since 2008, Manufacturing Circle claims that the industry has shed a total of 250 000 jobs - a sure indication that this traditionally labour intensive industry is failing to generate jobs for millions of South Africans.