America’s manufacturing skills gap could result in 2.1 million unfilled jobs by the end of the decade, according to a new study by The Manufacturing Institute, the workforce and education partner of the National Association of Manufacturers (NAM). The cost of these unfilled jobs could hit $1 trillion in 2030 alone. Here is NAM’s press release, as well as coverage from CNN Business.
The study found that diversity, equity and inclusion (DEI) initiatives could help manufacturers fill many openings. This is why, as part of its earn-and-learn initiatives, the OMA has emphasized recruiting women, minorities, military veterans, and ex-offenders – populations that traditionally have been under-represented in manufacturing. 5/4/2021