Looks like things are heading up for manufacturing. This is very good news.
The Barometer, which focused on the impending talent gap within the industry, indicated that the mean age across all tool shops polled is 43, and shops are looking to apprentices to assist in replacing the workforce. According to the report, 63 percent of tool shops are planning to hire apprentices in the next 12 months. âImplementing robust employee development and training programs is key to successfully building an engaged workforce.â Another strategy shops are using to offset the talent gap and address capacity constraints is outsourcing. Sixty-three percent of tool and die shops plan to hire apprentices