ONE SKILLED GENERATION IS OUT. WHERE’S THE NEXT?
Just as technology is turning the industry on its head, millions of people are leaving manufacturing jobs. More than 2.6 million baby boomers are expected to retire in the next decade, many of them in management positions. With fewer younger people entering the workforce, this leaves a huge shortage. Companies are having to invest significant time and other resources into hiring. The average is 94 days to recruit engineering and research employees and 70 days to recruit skilled production workers for manufacturing positions.
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