Tag Archive: Human Resources

By the Numbers: The Global State of Labor in Manufacturing

March 15, 2019 12:35 pm Published by Leave your thoughts At 3.8 percent, the national unemployment rate in the U.S. hasn’t been this low since 2001. The low rate combined with a growing number of individuals who are retiring from the manufacturing workforce is creating a growing labor gap; Thomas Lee, head of Fundstrat Global Advisors, predicts a shortage of 8.2 million workers through 2027. Manufacturing jobs aren’t the most glamorous positions sought by new grads, and with fewer people seeking work, more factories will have

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