Layoffs in Franklin County point to a shrinking manufacturing economy
Manufacturing is an important part of Vermont’s economy. According to the state, about seven percent of Vermont workers are employed by manufacturing companies and those employees make an average of $68,000 dollars a year.
But the sector is shrinking fast. Between 2020, before the pandemic, and now, the number of manufacturing jobs has fallen by more than 11 percent.
Case in point: The infant formula maker Perrigo. About a year ago, it announced it’d be closing its factory in Georgia, Franklin County. This month, it kicked off that process, laying off 162 people. By the end of June, all…
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