On this podcast, The Skillwork Forum, we discuss trends, issues, and really anything surrounding the skilled trades. Today is the first part of a two-part series on the Fourth Industrial Revolution (Industry 4.0) and smart manufacturing.
The skilled trades are a cornerstone of the American economy. However, many industries are currently experiencing a shortage of skilled workers, leaving businesses scrambling to find talent to fill essential roles.
A recent article by NetSuite manufacturing software listed the 73 best manufacturing KPIs (key performance indicators) to measure in a manufacturing space. In this episode, we focus on manufacturing metrics that matter, which really break down into three categories: people, performance, and profit.
Jobs that will always be needed are those in the trades, but right now, there aren’t enough qualified workers to meet the demand. As Baby Boomers retire, trade employers are having a difficult time finding replacements.
There's a growing demand for skilled professionals in the trades, but there aren’t enough workers to go around. As Baby Boomers retire, they’re leaving employers with a significant skills gap to fill as they take their experience with them.
As the demand for skilled trades continues to grow, many companies are struggling to find qualified candidates to fill their job openings. The skilled trades shortage is a growing problem, and companies must find effective ways to attract and retain skilled labor.