2015 Workforce Development Study
Five findings on the unskilled workforce struggle
Respondents to the CFE Media 2015 Workforce Development Study identified five high-level findings impacting the manufacturing industries today:
- Workforce shortage: The average manufacturing facility today has 5% of jobs currently unfilled, down from 7% in 2014. Despite the decrease, 64% of respondents still believe that their facility’s workforce shortage will increase over the next 3 to 5 years.
- Causes: When asked about the primary causes of the workforce shortage, 56% of respondents said there aren’t enough skilled applicants to fill the roles of the growing number of retirees, and another 34% agree that their hiring rates aren’t keeping up with manufacturing’s rapid expansion.
- Unskilled workforce: According to respondents, the younger workforce most lacks problem solving (57%), instrumentation (55%), project management (51%), and electrical knowledge (50%); but they remain proficient in computer knowledge (60%) and other basic skills (31%).
- Actions taken: In an effort to combat the workforce shortage, 44% of facilities have taken to online recruitment and job postings, 40% have instituted or increased in-house training, and 35% have reached out to local technical schools for assistance. Nine in 10 respondents believe that their facilities still need to increase internal education/training programs and provide clear career paths for each new employee in order to better appeal to the younger workforce.
- Manufacturing’s image: More than half of respondents still don’t believe that manufacturing is portrayed as a positive career choice in the U.S. Sixty-three percent agree that offering apprenticeship programs would help to improve manufacturing’s image, and another 57% think introducing this career choice at an earlier education level—as well as improving salaries, benefits, and job security—are key action items.
Access the full 2015 Workforce Development report with additional findings.
- Amanda Pelliccione is research director at CFE Media.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey