Did you know that in 2016, for the first time in decades, more manufacturing jobs came back to the United States than left? Did you know that 90% of US manufacturers are small businesses (<500 employees)? Manufacturing output in the first quarter of 2017 was more than 80% above its level 30 years ago. And according to last month’s job report, the manufacturing sector added the most jobs in at least 15 years. Over the next decade, nearly 3 ½ million manufacturing jobs will likely need to be filled. This is all good news, right? Here’s the bad news.
Manufacturers have had a hard time finding enough skilled workers, and labor shortages continue to haunt operational capacity at the local level and across supply lines. It is estimated that 2 million of those 3 ½ million jobs will go unfilled. How can US manufacturing facilities compete? Industrial automation.
Sources: Reshoring Initiative, NAM, PEW Research Center, Market Watch, ADP National Employment Report
About the Author
Sue has spent the last two decades marketing for emerging technologies, building new categories, and applying science to the art of marketing. It took one look at Baxter to sign on to Rethink Robotics – a human-safe robot out to change the world. When not promoting “all things Sawyer and Baxter”, she is focused on “all things food”: where to eat it, how to prepare it, how to write another cookbook about it.