In the 2018 Skills Gap in Manufacturing Study, the authors find that the talent shortage is accentuated by two factors: a prolonged economic expansion that has increased the number of job openings in manufacturing and projected growth in baby boomer retirement. Although these two factors are expected to lead to more than 4.6 million manufacturing jobs over the next decade, the authors’ research finds that fewer than half of these jobs are likely to be filled.
The 133-acre campus will be located in North Austin and will accommodate an initial 5,000 employees, with capacity for 15,000 employees in total. The new campus will be located less than one mile from Apple's existing Austin facilities and will house a range of jobs in engineering, R&D, operations, finance, sales and customer support.
The Bay Area based metal band announced Tuesday that its All Within My Hands Foundation (AWMH) is launching a “workforce education initiative” intended to help community colleges to “enhance their career and technical education programs,” according to a news release.
While many classes at Davis High School might get you into an elite college, few can lead a student straight into a lifelong career. Auto Shop is one of the only classes that prepares students for a career, right out of high school.
How to rethink innovation and revitalize America's declining manufacturing sector by encouraging advanced manufacturing, bringing innovative technologies into the production process. Amazon: https://www.amazon.com/Advanced-Manufacturing-American-Innovation-Policies/dp/0262037033
The United States lost one-third of its manufacturing jobs--5.8 million positions--between 2000 and 2010. Although the economy has strengthened significantly since then, only about 12% of these jobs have returned. Their disappearance has resulted in painful social disruption: manufacturing had been a critical route to the middle class for those with high school educations or less.
In industries across the board, job openings outnumber qualified applicants -- and it’s only going to get worse. According to research released earlier this year by the Korn Ferry Institute, the existing talent shortage will reach its worst levels in 2030, when an expected 85.2 million job openings will go unfilled worldwide.
The White House announced Monday evening a five-year strategic plan for science, technology, engineering and math education, setting forth what it calls a "North Star" that "charts a course for the Nation's success." "It represents an urgent call to action for a nationwide collaboration with learners, families, educators, communities, and employers," the White House plan reads.
Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. It's the new reality for automakers that are faced with the present cost of designing gas-powered cars and trucks that appeal to buyers now while at the same time preparing for a future world of electric and autonomous vehicles.
When economists and editorialists speak in worried tones about America’s “skills gap,” they’re referring to the mounting number of jobs that require some degree of technical know-how and the relative dearth of qualified candidates to fill them. For Traci Tapani, the phenomenon is no mere abstraction. It’s a potential company killer.