Closing the Worker Shortage Gap in Manufacturing

Manufacturing.net | February 04, 2019

Closing the Worker Shortage Gap in Manufacturing
According to a recent Deloitte study, the skills gap in manufacturing may leave approximately 2.4 million positions unfilled between 2018 and 2028-and a potential economic impact of 2.5 trillion. Furthermore, the Bureau of Labor Statistics found that 80 percent of the U.S. is employed in a professional services job and only a mere 8 percent in the manufacturing of goods. These statistics speak for themselves - there is a crisis at hand in the manufacturing industry-and there could be significant consequences if steps are not taken to mitigate the labor shortage. In order to do so, it’s imperative to first recognize the reason there’s a problem at all. In this case, there are several possible drivers of the shortage.

Spotlight

Founded in 1916, BMW was initially focused on aircraft manufacturing. After producing their first aircraft engine in 1918, BMW quickly shifted focus to vehicles with wheels. The first BMW motorcycle was produced in 1923 followed by purchasing the Eisenach vehicle factory in 1928. With the stage set the next step was obvious: create the Ultimate Driving Machine.

Spotlight

Founded in 1916, BMW was initially focused on aircraft manufacturing. After producing their first aircraft engine in 1918, BMW quickly shifted focus to vehicles with wheels. The first BMW motorcycle was produced in 1923 followed by purchasing the Eisenach vehicle factory in 1928. With the stage set the next step was obvious: create the Ultimate Driving Machine.

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