The Manufacturing Institute, associated with the National Association of Manufacturers (NAM), released on October 17, 2011, its most recent study of the workforce challenges faced by the manufacturing sector.
The bottom line is: all across the U.S., companies cannnot find the workers they need to get the job done:
- 600,000 job vacancies in skilled positions are unfilled nationwide because of the lack of qualified workers
- 5 percent of current manufacturing jobs are unfilled due to a lack of qualified candidates
- Employers expect the situation to worsen as workers retire and young people pursue work in other sectors
- 64 percent of companies report that workforce shortages or skills deficiencies in production roles are having a significant impact on their ability to expand operations or improve productivity
- 80 percent of companies indicated that machinists, operators, craft workers, distributors, and technician positions will be hardest hit by retirements in the upcoming years.
Click here for more info and a link to the full report.