In the manufacturing sector, there are currently two job openings for every qualified worker. CRAZY!
- Bringing jobs back to America has been a top initiative under President Trump but the data suggests the problem is a lack of qualified workers more than a lack of jobs.
- And to be a qualified worker in manufacturing these days requires more tech skills than brawn.
Here are the top tends for manufacturing per Wisconsin’s SVA Consulting Services:
- Over the next five years, most manufacturers will have two job openings for every one qualified individual. As baby boomers retire, the demand will increase even more.
Advanced Manufacturing & Automation
- More advanced equipment is being installed on shop floors to increase worker efficiency. Those types of investments are expected to continue indefinitely.
- Workers will need to develop the skills to work in this environment, moving from a pure manual labor role to overseeing the new technology.
- Manufacturing companies of all sizes are beginning the transition to advanced analytics, data management and data storage as those technologies become less expensive.
- Companies realize these processes improve efficiency, agility and decision time.
- The current administration is helping drive this initiative, but it’s not the only reason manufacturers are trying to bring production back to the U.S.
- For the past few years, there’s been a renewed focus on “American-made” with companies identifying efficiencies and cost cuts from manufacturing Stateside.
- For companies to achieve this, however, they will need a much larger pool of skilled workers than is currently available.