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Old Today, 01:30 PM
Location: Aurora Denveralis
3,467 posts, read 1,184,330 times
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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.

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.

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.

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.
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