Need
for Skilled Workers: Topic of MAST Meeting
Manufacturers
are facing a workforce crisis that threatens to
become even worse in the coming years. Peggy
Walton, Director of Workforce Initiatives at the
National Association of Manufacturers,
Manufacturing Institute was the keynote speaker
of the Annual Meeting of the Manufacturers
Association of the Southern Tier. “Multiple
workforce challenges are threatening U.S.
manufacturing,” stated Walton. “Baby boomers
will leave the workforce in mass over the next
ten years with a population of 18-24 year olds
behind them that is much smaller. Compounding
the issue is that many young people do not want
to work in manufacturing and those that do are
often not prepared with the math and science
skills that are increasingly important to the
modern manufacturing facility.”
Ms.
Walton addressed a packed crowd of regional
manufacturers at the Town Club at the 107th
Annual Meeting of the Manufacturers Association
of the Southern Tier. As part of her
presentation Walton encouraged manufacturers to
tell their story to the community. “You have a
story to tell, and it is an important story to
get out to the community,” stated Walton. As
part of Ms. Walton’s presentation she pointed
to several facts that indicate that
manufacturing is alive and well.
- Manufacturing is producing more now than
at any other time in history, In fact, if U.
S. manufacturing were an independent
economy, it would be the 8th
largest in the world.
- Manufacturing is the second largest
contributor to GDP growth.
- Manufacturing outpaces other non-farm
sectors in productivity.
- Manufacturing offers higher average
compensation than any other non-public
sector of the economy.
- While there are about 14 million
Americans working in manufacturing today,
there’s an additional 8 million working in
other sectors whose jobs depend on
manufacturing---in sectors like wholesale
trade, insurance and construction.
That’s a total of 22 million jobs.
- Manufacturing is the largest contributor
to research and development of all economic
sectors.
“Manufacturers
face many challenges,” stated Walton. “One
of the most significant challenges we face is
the need for a technically trained workforce. An
aging workforce, low high school graduation
rates, a lack of math and science skills and an
inaccurate perception of manufacturing is
leading to a significant skills shortage for
manufacturers unless we are pro-active and turn
it around.”
The NAM has launched the DREAM IT DO IT
career campaign initiative to help regions
throughout the United States address the
workforce skills gap challenge. DREAM IT DO IT aligns
key stakeholders around a focused goal of
encouraging young people to enter manufacturing
related careers and assuring that education and
career pathways exist to help young people
attain the skills needed to gain these
outstanding careers. Key stakeholders include
manufacturing companies, school systems,
colleges, universities, workforce investment
boards, economic development entities, community
based organizations that work with young people,
as well as local, state and federal governments.