The resilience of the manufacturing industry seen through 11 months of positive PMI results has translated into jobs growth, with employment higher now than at the beginning of the pandemic.
Acting federal industry minister Angus Taylor said on Thursday that though COVID-19 restrictions were presenting difficulties, a strong result for the quarter had delivered 91,000 new jobs and now was “the first time manufacturing employment has been above 1 million jobs since 2009.”
The strong result, “bodes well for our road out of COVID-19 and shows the resilience of our economy.”
ABS Labour Force figures have shown manufacturing now employs 80,000 more than at the start of the pandemic.
According to the survey results from the Australian Industry Group’s Performance of Manufacturing Index for August — released at the beginning of the month — manufacturing had expanded for 11 consecutive months.
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