INDONESIA: Textiles Industry Suffers Job Losses
Indonesia's textile weaving industry saw approximately 300,000 job losses last year, according to recent research carried out by The Central Statistics Agency.
The decrease took the industry's number of jobs to 1.1 million from 1.4m in 2003, as out-of-date machinery and lack of financial support prevents development.
The industry's job losses contributed to a wider downfall in job figures for the manufacturing sector from 11.50m in 2003 to 11.07m in 2004, the survey showed.
Textiles remains Indonesia's number one export segment, however, totalling $7.60 billion last year.
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