Working on a Workforce for a Strong Manufacturing Future
The U.S. economy is in recovery mode, adding an average of 221,000 jobs per month in 2015. Last month, for the first time since early 2008, the unemployment rate fell below 5%. In the last 12 months, the number of unemployed Americans decreased by 1.1 million. Manufacturing has been an engine for growth. The sector is expected to create 3.5 million new jobs in the next decade. But manufacturers still face a number of challenges related to recruiting and retaining qualified workers. As many a 2 million of the expected 3.5 million manufacturing jobs could go unfilled due to a lack of skilled workers. In a recent survey of One Voice members (PMA members and members of the National Tooling and Machining Association), 77 percent of members reported they currently have skilled job openings. For those with job positions, 66% reported having 1-5 jobs open, 8% have 6-10 openings, and 4% have between 11-20 open jobs. Finding the right people ...