Belfast Telegraph

Manufacturing jobs hit by work moving overseas and technology advances

Thousands of jobs have been lost in manufacturing this year as work is moved abroad and technological advances increase, a report shows.

There has been a 12% fall in employment in the chemical sector, 11% in computer production and 9% in pharmaceuticals, a study found.

Accountancy group UHY Hacker Young said there has been an ongoing shift in manufacturing to countries with cheaper labour costs, such as China or Vietnam, as well as machines continuing to take over from workers.

Paul Daly, partner at UHY Hacker Young, said: "Manufacturing has seen employment numbers fall sharply in the face of international competition and ongoing technological advances.

"The obvious exception is car manufacturing which saw a rise in employment numbers and output last year which bodes well for the industry's future as the UK prepares to leave the EU.

"Although the weaker pound should make exports cheaper, the fall in output last quarter for manufacturing overall is a worrying sign that the full effects of the Brexit vote are yet to be realised."