|Companies are creating jobs in the United States, and foreign enterprises are investing at record levels. The manufacturing economy is $2 trillion strong and supports about one in six American jobs.|
November 17, 2016
American manufacturers are leading an innovation revolution, transforming the products we make and how we make them. Boasting the globe’s most productive workforce, abundant energy and unparalleled technical capabilities, our country is poised to advance the promise of manufacturing in America. Companies are creating jobs in the United States, and foreign enterprises are investing at record levels. The manufacturing economy is $2 trillion strong and supports about one in six American jobs.
The entire world wants the products of manufacturing in the United States, from internet-connected electronics to lifesaving pharmaceuticals. The only missing piece—the next generation of skilled workers who will take up the mantle of manufacturing and transform the future.
Over the next decade, 2 million manufacturing jobs will go unfilled. Even as our nation strives to get people back to work, a lack of trained workers—often those with trade and technical skills—leaves most manufacturing companies scrambling for talent.
This “skills gap” is a drag on the economy. A shortage of trained employees can slow the growth of our businesses and therefore our economy.
America is failing our youth if we do not equip them with the skills required for innovative manufacturing. Manufacturing careers pay about $15,000 more than the rest of the private sector, and manufacturing can provide job security and upward mobility like no other industry.
|Tags: Jobs & Economy American manufacturers Jobs Economy|
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