{"id":23155,"date":"2022-09-22T13:50:21","date_gmt":"2022-09-22T13:50:21","guid":{"rendered":"https:\/\/intelitek.com\/?p=23155"},"modified":"2024-04-08T16:38:20","modified_gmt":"2024-04-08T21:38:20","slug":"us-manufacturing-is-a-growth-sector-for-jobs-and-more-jobs","status":"publish","type":"post","link":"https:\/\/intelitek.com\/2022\/09\/22\/us-manufacturing-is-a-growth-sector-for-jobs-and-more-jobs\/","title":{"rendered":"US Manufacturing is a Growth Sector for Jobs (And More Jobs)"},"content":{"rendered":"

The US manufacturing sector continues to show strength and has more job openings than qualified candidates to fill them. According to Carolyn Lee, president of the Manufacturing Institute, \u201cResearch shows<\/a> the next generation is looking for careers that matter. They want to have an impact, and they want the potential for family-supporting jobs with upward mobility, all of which are characteristics of modern manufacturing.\u201d<\/p>\n

The graph below indicates the turnover in manufacturing jobs for May and June 2022.<\/p>\n

\"Jobs<\/a><\/p>\n

Data from the US Bureau of Labor Statistics<\/em><\/p>\n

These numbers illustrate a dynamic work environment. Although manufacturing continues to recover from the pandemic, the reality is that more employees are leaving the market than entering the market. \u201cBoomers<\/a> are retiring, millennials are approaching middle age, and Gen Z that follows them is comparatively small.\u201d Manufacturers will no longer be able to assume there will be replacement workers for those that leave the sector. Future workers will be in a better employment position if these forecasts prove accurate. As a result, the jobs pay better and they are reliable and long term positions.<\/p>\n

Deloitte projects<\/a> a shortage of 2.3 million skilled jobs by 2030. 38% of manufacturing executives say that finding new workers is their top priority for 2022 and forward. A recent National Law Review survey found that manufacturers are trying to recruit new groups<\/a> of people:<\/p>\n