Hello,
You've heard me talk about this many times. Here is an interesting article by Corey Chambers of In Business Magazine, explaining what and why might be the reason for the lack of skilled labor.....
".....that slightly over 50% of the businesses surveyed were hiring. What is even more
interesting is that there are also applicant shortages at over 50% of the
companies that are hiring. How can there be a labor shortage when unemployment
rates remain so high?"
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".....with over 50% of those hiring indicating a shortage of experienced technical
school grads – by far the largest category."
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"To be competitive, most companies have replaced unskilled labor with technology
such as robotics, and manufacturing jobs now often involve running computerized
equipment, not backbreaking work."
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".....the tech schools are not turning out trained students fast enough to run their
computerized manufacturing equipment."
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"So why aren't more kids going to tech school? I believe this is a societal and
parental question. For the past couple of generations, we have frequently
defined success as going to college in order to get a "good job." Our education
system and parents have pushed kids that way."
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"It seems our labor supply and demand are a bit mismatched at the moment. It
will be interesting to see if society and parents redefine what success might
look like and to see if our educational system adjusts at all to better meet the
current needs of our workforce."
To read the full article by Corey Chambers, "Mind" You Business. Please go to: In Business Blog
Thanks,
Peter
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