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Quote form article:
"As yet another sign of just how tight the labor market is right now, for the eighth consecutive month there were more job openings in the U.S. economy (7,079,000 in October) than the number of people looking for work (6,075,000 in October and 5,975,000 in November). In addition, the number of nonfarm payroll job openings was not far from the all-time high (7,293,000) set in August"
This would indicate that manufacturing is also increasing in the USA again.
Manufacturers chopped six tons of heads ages ago. Those people went elsewhere. If they had kids, those kids have long memories. They remember being kids and daddy or mommy out of work and being forced to live in poverty after the layoffs. As adults they hear manufacturing employers whining about a "talent shortage" as crocodile tears.
For any sector of employment where it's claimed a "labor shortage" exists, ask yourself one simple question:
Are wages going up faster in that sector than in other sectors of the economy with similar pay rates?
If not, NO SHORTAGE.
This analysis will, for example, show that the "engineering shortage" we've been hearing about ever since I graduated from college and scuffled for a year and a half to find an engineering job, almost 35 years ago, does not exist.
There's a shortage of workers only due to massive layoffs in previous years. The employees have moved on to other jobs and don't want to come back. Now may not be a good time to go back to manufacturing.
There will be lots of employees from GM, Fiat Chryslier, and other auto layoffs that will be taking those vacancies in those other manufacturing companies. Auto sales have stalled and the big auto manufacturers are still going through layoffs.
One of my kids has applied for a couple of these jobs.
They wanted at least 3 years of experience, which she didn't have. Another one of my children went to a technical high school and studied manufacturing technology. Upon looking at the jobs she was trying to get, he said For crying out loud, I could teach her that in a month.
There's a shortage of workers only due to massive layoffs in previous years. The employees have moved on to other jobs and don't want to come back. Now may not be a good time to go back to manufacturing.
There will be lots of employees from GM, Fiat Chryslier, and other auto layoffs that will be taking those vacancies in those other manufacturing companies. Auto sales have stalled and the big auto manufacturers are still going through layoffs.
Are you calling the manufacturing companies liars?
I think perhaps the reporting can be. Why would a company go around saying they are having trouble finding workers. Either raise wages, or just keep doing what you are doing to find workers. No need to tell everyone.
Quote:
Originally Posted by bobsell
Manufacturers chopped six tons of heads ages ago. Those people went elsewhere. If they had kids, those kids have long memories. They remember being kids and daddy or mommy out of work and being forced to live in poverty after the layoffs. As adults they hear manufacturing employers whining about a "talent shortage" as crocodile tears.
Quote:
Originally Posted by turf3
For any sector of employment where it's claimed a "labor shortage" exists, ask yourself one simple question:
Are wages going up faster in that sector than in other sectors of the economy with similar pay rates?
If not, NO SHORTAGE.
This analysis will, for example, show that the "engineering shortage" we've been hearing about ever since I graduated from college and scuffled for a year and a half to find an engineering job, almost 35 years ago, does not exist.
Quote:
Originally Posted by Minethatbird
One of my kids has applied for a couple of these jobs.
They wanted at least 3 years of experience, which she didn't have. Another one of my children went to a technical high school and studied manufacturing technology. Upon looking at the jobs she was trying to get, he said For crying out loud, I could teach her that in a month.
Lots of skeptics on here, I like that.
So you dont think there is more manufacturing coming back. I heard that Phx area is getting a lot of chip manufacturers moving in.
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