The number of industrial robots sold in the U.S. will jump nearly 300 percent in less than a decade, according to a projection from ABI Research. Already, 40 percent more robots were sold last year in the U.S., compared with four years prior, says data collected from the Robotic Industries Association.
President Trump has yet to unveil a significant revamp of H-1Bs, but over the last few days, his administration has started to make changes. The United States Citizenship and Immigration Services announced on Friday that entry-level computer programming jobs would no longer automatically qualify as a “specialty occupation,” which is a basic requirement for receiving an H-1B work visa.
Students and their families spend thousands of dollars on a college education to acquire knowledge and skills they will need for the workforce. However, most of them do not graduate with the skills today's business executives are looking for.
Unfortunately for the U.S., while America is a big user of robotics it's well behind in the field of robots for industrial manufacturing and stands to lose out on the billions of dollars in purchases of robotics in the years ahead. Japan's Fanuc Corp. is the world's largest industrial-robot producer. Germany-based Kuka is another major player. Last year, China's appliance giant Midea Group snapped up a majority stake in Kuka.
No one knows what the Trump administration will do about the H-1B visa program. Certainly it is in need of reform. Just as certainly, though, it needs to be retained. Visa holders admitted to the U.S. under an H-1B visa program with the right controls very much represent the type of immigration the U.S. should be encouraging.
While there are certainly differences between the heavy equipment and manufacturing industries, there are similarities between the natures of the skills gap affecting their workforces. These connections between the experiences provide a broader context for the challenges facing businesses due to the shortage of technical workers.
Competition among businesses for top IT talent today makes it critical for managers to rethink their recruitment and retention methods. Speeding up hiring times, training from within, filling skills gaps with project professionals and offering attractive compensation can help you hire – and keep – the best and brightest for your organization.
CNBC's Landon Dowdy sits down with freelancers to get their take on some of the pros and cons of freelancing.
Freelancing is becoming a more prevalent, viable option for workers — a trend that spans across borders, industries and occupations.
Industrial engineer and systems analyst Monica Barin shares her path toward a career in solar power technology, and how failure was actually a tool she used to find success.