Manufacturing sector slumps into recession: AiGroup

Manufacturing sector slumps into recession: AiGroup

Australia’s newly sworn-in Minister for Innovation and Industry Senator Tim Ayres will need to hit the ground running in the portfolio, with new data showing the manufacturing sector fell into recession during the back end of 2024. The Australian Industry Group’s (AiGroup) latest Key Industry Indicators numbers make for grim reading, and the economy slowed across 2024, and is now in the longest period of low growth since the 1991 recession. But …

More than 3,500 Jobs in Manufacturing and Supply Chain Sectors Cut in Past Two Weeks - Vaccine Impact

Noi Mahoney, writing for the trade publication "FreightWaves" has reported that 3,500 job cuts have been announced since April 30th, just two weeks ago, in freight-related jobs. And while Wall Street has surged this week based on the alleged China - USA trade agreement from last weekend, those daring to oppose the majority are issuing dire warnings. Meanwhile, the massacre and ethnic cleansing continues in Gaza as more children died today from I…

More than 3,500 Jobs in Manufacturing and Supply Chain Sectors Cut in Past Two Weeks

Noi Mahoney, writing for the trade publication "FreightWaves" has reported that 3,500 job cuts have been announced since April 30th, just two weeks ago, in freight-related jobs. And while Wall Street has surged this week based on the alleged China - USA trade agreement from last weekend, those daring to oppose the majority are issuing dire warnings. Meanwhile, the massacre and ethnic cleansing continues in Gaza as more children died today from I…