Impact of the ECONOMIC DEPRESSION on Employment in the meals Manufacturing Industry

The impact of the downturn on employment in the Food Manufacturing Industry today is worldwide. THE UNITED STATES processed food sector had steady growth in the ten year period after 1997, with slight decline close to the end. Many used in the meals manufacturing industry are multinationals. Growth in processed food goods could be related to several factors, including two income families, less time in the home for food preparation, and much more collect and restaurant food purchases. Over that ten year period, the worthiness of food shipments increased about 27 percent.

Many smaller food manufacturing companies are hit harder by economic downturns. They employ fewer people in food jobs; pay more for food products, deliveries, and for manufacturing costs than large companies. The few large companies hire more multinationals, who take into account about a third of all food industry jobs. About 89 percent of the smaller companies have significantly less than 100 workers. Many smaller companies are swallowed up in acquisitions by large companies.

The impact of the economic downturn on employment in the Food Manufacturing Industry affects automation and technology purchasing also, as these allow companies to use at even higher output levels with fewer employees, increasing less employment in food manufacturing jobs. Employment in that ten year period declined about 5 percent. Wages and salaries showed virtually no increase when compared to the overall economy (US) which had a projected growth of 11 percent.

Supermarkets have added more prepared meals to their shelves, and people want prepared to serve snacks and frozen entrees. This demand is due to two parent or single parent working families who’ve possibly more money yet less time for food preparation. It isn’t uncommon for families to eat out several times weekly regularly rather than just on special occasions. An aging population and a dieting population in addition has contributed to the demand for convenience foods, prepared to eat, and restaurant foods. As ethnic populations of countries change with immigration, so do demands on the meals manufacturing industry. A green trend towards eating locally produced food, organic foods, and medical allergy problems also affect food product demands and manufacturing costs.

Rising cost of fuel such as gasoline has also caused the impact of the economic depression on employment in the meals Manufacturing Industry. A worldwide jump in charges for grains and vegetables has caused shortages of certain products and high prices everywhere. Some industries, like milk in the UK, are cutting back products and employment as costs rise. The fight over corn and grains for food or fuel has costs skyrocketing, with a boomerang influence on stuff like beef, which not only has encountered rising costs for feed, but transportation and processing. The plumping of humans causes another increase in vegetable prices, as people want more products; it is just a supply and demand plus costs situation there.

Rising mauerdurchführung of ingredients has put the hammer down on small companies, like mom and pop bakeries or bagel companies, because they’re unable to absorb high prices of ingredients like flour or wheat. They raise prices, and may lay off employees to combat costs, where the larger producers will get methods to absorb increases in commodity prices. Combine the stress of food product demands with rising energy costs and any adverse weather conditions, and the industry cannot help but have the pinch and react by lowering employment overall.

During the past couple of years, there have been several catastrophic weather events, such as for example hurricanes, tsunamis, and earthquakes, that have wreaked havoc in people’s normal living conditions. The ability to obtain food, also to grow food is influenced by this, sufficient reason for higher energy costs and higher food demands worldwide, the price of all foods has risen. Competition between animals and humans is another factor, and so is competition between animal food stocks and fuel demands. Alternative energy sources, like solar and wind, and hybrid engines are one answer. To utilize food for fuel seems to not in favor of basic human sensibilities and interest. Using corn and wheat to power machines rather than humans is only going to increase food prices and lessen employment in the industry.

For the future, there is widespread demand to get from high costs of oil fuels, and to develop “free” fuels for powering machinery and electricity. Food production technology is an ongoing science that does increase output per acre, a significant benefit to the world food supply. The weather, however, is beyond control. All that can be carried out in that area is better longterm forecasting, and crop science improvements in output and planting techniques. There should be some increases in worldwide employment in those areas. The Food Manufacturing Industry, like numerous others in this modern day, must adjust and revise plans and make improvements to maintain its lifeblood.