U.S. Manufacturing and the Skills Crisis

The Wall Street Journal reports:

Following 12 straight years of declines, U.S. manufacturers added 109,000 workers to their payrolls in 2010 and another 237,000 in 2011. And in January of this year, the number of manufacturing jobs increased by 50,000.

Yet this vibrant sector is being held back—and not by imports. Instead there is a serious labor shortage. In an October 2011 survey of American manufacturers conducted by Deloitte Consulting LLP, respondents reported that 5% of their jobs remained unfilled simply because they could not find workers with the right skills.

That 5% vacancy rate meant that an astounding 600,000 jobs were left unfilled during a period when national unemployment was above 9%.

Read the full opinion here.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Event Calendar

Mon
Tue
Wed
Thu
Fri
Sat
Sun
M
T
W
T
F
S
S
26
27
28
29
30
1
2
3
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1
2
3
4
5
6
CEO Dinner Hosted by Harris Beach
12/04/2018    
5:00 pm - 7:00 pm
5:00pm - Cocktails 6:00pm - Presentation and dinner Join us for dinner and a presentation by Alan Winchester, leader of Harris Beach’s Cybersecurity Protection and [...]
Events on 12/04/2018

Event Details & Registration

View Events

About Us

New York Photonics is a not-for-profit organization founded to promote and enhance the New York State optics, photonics and imaging industry by fostering the cooperation of business, academia and government.

Archives

Past Newsletters