Charting a decade of job slumps and jumps, here are the jobs that dropped by 98% and industries that more than tripled their workforce between 2011 and 2021.
by this masthead shows employment in cigarette and tobacco product manufacturing suffered a similar fate – plunging from 1685 workers to only 28 in the decade, also a decline of 98 per cent.
The fastest job growth was in residential building not including freestanding houses – that industry segment added 39,054 workers, a rise of 537 per cent in the decade. The next fastest was the data processing and web hosting service industry with a 485 per cent increase. “It’s a wake-up call,” Buchanan said. “Unless we make a conscious choice to build up our manufacturing base it will wither and die completely.”
The fortunes of the photographic film processing business underscores how quickly consumer preferences can shift. Nick Vlahadamis at his Sydney Super8 store in Newtown where the sale and processing of film is booming. A recent revival in film photography follows years of declining employment in the film processing industry.Vlahadamis says a revival in film photography, which began about four years ago, was “super-charged” during COVID-19 when many people had more spare time.“We reinvented ourselves as a retro film place, and now it’s just taken off, it’s crazy ...
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How to lose $644b: Musk tops the list of tech’s biggest losersTech billionaires lost $US433 billion ($644 billion) this year as stocks slid and many companies slowed their decade-long streak of constant growth.
Read more »
Why I quit the corporate world to go it aloneFive entrepreneurs reveal why they stopped climbing the corporate ladder to launch their own start-ups.
Read more »
Five Great Reads: how to live well at 104, surviving death row and taking time off to readGuardian Australia’s weekend wrap of essential reads from the past seven days, selected by Kris Swales
Read more »
Selection shock as Aussies end five-year snubBreaking news 👀 Some BIG inclusions for the Test squad.
Read more »