The chemical industry has struggled to make money since the financial crisis and has struggled with the fallout from the recession.
It is now losing market share and job creation.
According to the U.S. Department of Labor, the chemical sector employed nearly 10 million people in 2015, down from 16 million in 2005.
The industry is also experiencing its worst downturn in decades.
While the manufacturing sector is struggling, the services industry has seen a rebound in the last few years, but still remains lagging behind the chemical sectors.
The impact of the Great Recession is now felt in many industries, said Michael McFarland, director of the Center for Labor Market Studies at Georgetown University.
The financial crisis was not only a blow to the chemical manufacturing sector but also a blow in the services sector, as well.
“It was a very, very significant economic blow to our economy,” McFarman said.
“I think it’s been very hard for the services and manufacturing sectors to recover from that.”
We have a lot of people working, but not enough workers to fill their positions.
That’s what the problem is with these companies, they have too many workers.
“In the last several years, the number of manufacturing jobs has fallen by half.
In 2018, there were 2.2 million manufacturing jobs, down 4.3 percent from the year before.
The number of service jobs has also declined in recent years, with fewer than 840,000 workers employed in the service sector, down 2.4 percent from last year.
McFarland said the industry is now “at a crossroads.”
He said the economy is not just struggling to get back to where it was before the recession, but that there is a growing concern that the industry will struggle to find jobs and keep up with its employees’ demands.”
When you have this huge workforce that’s been under-employed for so long, the next thing you think of is, ‘What is the next big thing?
What’s going to get them back into the workforce?’
“McFarman added that there’s no clear way to stop this decline in the manufacturing and services sectors, and there’s also no clear path to recovery for the chemical industries.”
In the chemical industrial sector, you can’t stop the decline of manufacturing, but you can try to create some jobs in the economy, but there is no one way to do it,” he said.