COVID-19 and the manufacturing workforce
MBC Aerosol always aims to exceed the highest industry standards, especially when it comes to hiring qualified individuals to build machinery. But data has shown a steady decline of interest in these types of careers over the past few decades.
Studies from the World Bank and the United Nations show less focus on the manufacturing sectors worldwide as they become less important for national GDPs.
The United Nations Industrial Development Organisation (UNIDO) publishes a quarterly report that tracks growth in manufacturing production across the globe in many different sectors. Its most recent study, released in September, shows some alarming statistics.
After an overall economic slowdown in 2019, the entire world was hit hard by the COVID-19 pandemic at the end of the first quarter of 2020, resulting in a total 6% decline in overall manufacturing output. Through the second quarter, while many countries went on lockdown in hopes of containing the...