U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old Today, 01:30 PM
 
Location: Aurora Denveralis
3,467 posts, read 1,184,330 times
Reputation: 4671

Advertisements

Quote:
Originally Posted by skeddy View Post
"The Pew Research Center estimates that as many as 10,000 Boomers reach retirement age every day, leaving behind jobs that require more technical knowledge.
That assumes a need for 1:1 replacement, which has not been demonstrably true over time, nor the practice of most companies.

Quote:
Retirements and new growth mean 3.5 million new manufacturing jobs will need to be filled by 2025, said Carolyn Lee, executive director of The Manufacturing Institute at the National Association of Manufacturers. If present trends hold, as many as 2 million of those jobs are expected to go unfilled.
That's half a million jobs per year, net and assuming no shrinkage.

Quote:
The Bureau of Labor Statistics estimates the economy will need as many as 100,000 new information technology workers per year over the next decade. Right now, only about 60,000 of these workers enter the workforce each year.
So we're up to 600k jobs per year, on a theoretical basis. That's not really all that many at the bottom line of employment.

Quote:
Want a factory job, get an engineering degree.

Too many people riding in the wagon; not enough people pulling it.
Yes, yes, Monty Python needs to remake the sketch as STEM, STEM, STEM STEM... this wasn't news 25 years ago. And of course everyone working a "factory job" has an MIT diploma hanging on the wall.

You didn't really answer the challenge except with some random facts about job projections over the next seven years.
Reply With Quote Quick reply to this message

Reply

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top