Worker shortages at US manufacturers risk costing $1 trillion in output by 2030, a new study said.
Yet returning to a pre-pandemic state won't be enough for the country's producers. Skill gaps and a dwindling talent pool present lasting dangers for the manufacturing industry. An inability to address those issues could leave as many as 2.1 million jobs unfilled and cost the US $1 trillion in economic output by 2030, according to a new study from Deloitte and the Manufacturing Institute.
The solution, however, is far more complicated. For one, the industry still needs to recoup jobs lost to the pandemic, and the rate of recovery isn't all that promising. Manufacturers are still down some 570,000 jobs from pre-pandemic levels despite a near record number of openings. Firms surveyed in the study said finding the right talent is 36% harder now than it was in 2018. And 77% of respondents said they will still have difficulties in finding and retaining workers in 2021 and beyond.
Good high paying union jobs that the 'entitled' feel they are above working!! And here Biden wants to.offer them more freebies to do anything but good honest work.
Mexicans right now. More like Zimbos and South African companies loading in the U.S.A
Ehhh, we print that much a quarter now.
horrible