Employment drops in auto parts sector

Employment in Canada’s automotive parts industry fell by almost 2000 jobs in 2004, or 1.9%, according to the Toronto Star. Citing preliminary figures from Statistics Canada, the Star says auto parts employment in 2004 was 101,496.<br>
Employment in the Canadian parts and accessories sector grew steadily from 1992 to 2002, except for a small decline in 2001. In 1992, average annual employment in parts and accessories was 63,000 according to Statistics Canada. By 2002, that number had climbed to 98,000.<br>
In the US, employment in the same sector peaked in 2000 at 840,000, and then dropped to 731,000 in 2002.<br>