Record jobs drop in manufacturing

FALLING workloads led to a record drop in jobs in the manufacturing industry last month.

Tue, 02 Sep, 2008 - 01:00

The latest NCB purchasing managers index (PMI) also showed further declines in output and new orders in the sector.

At 44.9, the index, designed to measure the health of the manufacturing industry, was down from July’s record low of 43.9.

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