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Study: Skills Gap Will Mean 2 Million Unfilled Manufacturing Jobs by 2025

Posted by Jeff Moad on Feb 27, 2015

factory2sm.jpgIf current trends continue, U.S. manufacturers will be unable to fill 2 million manufacturing jobs by 2025 due to a worsening shortage of required skills, according to a report issued this week by the Manufacturing Institute and Deloitte.

Based on economic estimates and interviews with 450 manufacturing executives, the study found that concerns about a skills gap appear to be growing and that a shortage of employees with needed skills will impact manufacturers’ ability to meet customer demand, implement new technologies, increase productivity, provide customer service, develop new products, and expand internationally. Eighty-four percent of executives said there is already a talent shortage in U.S. manufacturing. And 82% said the skills gap will inhibit their ability to meet customer demand.

The estimate of 2 million unfilled manufacturing jobs by 2025 compares to a widely-quoted estimate of 600,000 unfilled manufacturing jobs in 2011 which was contained in an earlier Manufacturing Institute/Deloitte study.

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