QSPC data through Q3 2024 shows that approximately 20.6% of manufacturing plants in the U.S. that failed to produce at their full capacity cited insufficient supply of labor or labor skills as a key ...
High angle view of cars on production line in factory. Many robottic arms doing welding on car metal body in manufacturing plant. Image in 3D render. The American manufacturing sector is experiencing ...
American manufacturing is at a crossroads. Record demand fueled by reshoring initiatives and clean energy investments clashes with a worsening skilled labor deficit. Over 600,000 US factory jobs ...
Forbes contributors publish independent expert analyses and insights. Co-Founder of Fictiv. Stanford MechE. Ford Alum. Forbes 30 Under 30. According to the 10th Annual State of Manufacturing and ...
When the Trump administration announced its tariff regime earlier this year, it claimed its goal was to make manufacturers reshore their operations from distant markets like China, India, and Brazil.
The current labor shortage in manufacturing shows no signs of going away for the foreseeable future. An oft-cited stat from the report by Deloitte and the Manufacturing Institute is jarring: If the ...