The much talked-about “skills gap” in the U.S. is more limited than many people think and shouldn’t prevent, or even stall, the U.S. manufacturing renaissance, at least for a while.
More severe shortages are likely to develop, however. We need to take steps now to prevent them and make sure that enough new talent enters the right trades.
According to the Boston Consulting Group’s current estimates, the U.S. today is short about 80,000 to 100,000 highly skilled manufacturing workers. Occupations in shortest supply are welders, machinists, and industrial machinery mechanics.
The shortage represents less than 1 percent of America’s 11.5 million manufacturing workers and less than 8 percent of its highly skilled manufacturing workers. What’s more, only seven states—six of which are in the bottom quartile of U.S. state manufacturing output—show significant or severe skills gaps. And only five of America’s 50 largest manufacturing centers (Baton Rouge, Charlotte, Miami, San Antonio, and Wichita) appear to have significant or severe skills gaps…
Choosen excerpts by JMM from
Millions of jobs are waiting to be filled, but employers say they can’t find qualified workers because of “the skills gap.” Byron Pitts reports. Watch @: via Three million open jobs in U.S., but who’s qualified? – 60 Minutes – CBS News. Related Posts Apprenticeship | Skills Gap in Advanced Manufacturing POSTED BY JOB MARKET MONITOR ⋅ NOVEMBER 10, … Continue reading »
“Over the two decades to the onset of the global economic crisis, real disposable household incomes increased in all OECD countries, by 1.7% a year, on average. In a large majority of OECD countries, household incomes of the top 10% grew faster than those of the poorest 10%, leading to widening income inequality” and “increases … Continue reading »
For much of the first decade of the new millennium, Samuel J. Palmisano and A.G. Lafley led two of the biggest names in American business: IBM and Procter & Gamble. By the time they were named chief executive officers, the two iconic companies were in need of the makeovers the two leaders eventually helped engineer. … Continue reading »
Staffing problems are driven by candidates’ lack of technical skills and experience, as well as a lack of applicants for jobs, according to the study by the manufacturers’ body, published on Monday. Employers are being “proactive” towards addressing skills gaps by developing links with schools and colleges, increasing investment in quality apprenticeships and pumping more … Continue reading »
A shortage of skilled manufacturing labor is on the way, says a new study by Boston Consulting Group. But, says the firm, it hasn’t arrived yet. Many factory managers claim they’re already suffering from a skills shortage. Sixty-seven percent of respondents reported a moderate to severe shortage of available qualified workers in a survey last … Continue reading »
Too many American workers lack the specialized skills needed to secure a job, but they can’t gain those skills without a job. This catch-22 has enveloped American employers and job seekers. Even though the unemployment rate stood at 7.8 percent in September, about 600,000 jobs remain unfilled “due to a lack of qualified candidates,” according … Continue reading »
If Wisconsin wants to make a dent in the skills gap, the state will have to make some serious investments in job training, advocates discussed at a luncheon in Brookfield Thursday. Wisconsin is perhaps the only state that doesn’t put any “meaningful dollars” into job training, and the roughly $370 million in federal job training … Continue reading »
The Indiana Chamber of Commerce has launched a website to help bridge the so-called “middle skills” gap. Vice President of Education and Workforce Development Derek Redelman tells Inside INdiana Business he regularly hears from companies seeking employees to fill openings requiring more than a high school diploma, but less than a four-year college degree and … Continue reading »
Say “skills gap” to any manufacturer, and invariably they’ll respond with the number 600,000. That’s the gaping hole of unfilled jobs at U.S. manufacturers—for Illinois, estimates point to 30,000 unfilled jobs. The talent shortfall carries serious consequences. In a Manufacturing Institute 2011 skills gap report surveying more than 1,100 U.S. manufacturers, 74 percent of respondents …Continue reading »
Skills Gap – Middle-skill Workers – New England: The Boston Fed calls for Ensuring an Adequate Supply
“The supply of middle-skill workers will be constrained in the future” write Julia Dennett and Alicia Sasser Modestino in The Middle-Skills Gap: Ensuring an Adequate Supply of Skilled Labor in Northern and Southern New England, published by New England Public Policy Center at the Federal Reserve Bank of Boston on bostonfed.org. Choosen excerpts by JMM … Continue reading»
Angel Gavidia worked as a construction worker, an auto detailer and a taxi dispatcher before he found his calling as a computer-networking engineer, a high-paying job for which employers are desperately short of workers even at a time of stubborn unemployment. The model, under which Gavidia worked as an apprentice at the company while taking … Continue reading »