It's been nearly a decade since the end of the Great Recession, and unemployment in the U.S. has reached historic lows, giving workers the upper hand in the job market. "Maybe we're finally getting to that point where demand for labor and supply of labor have met," says Andy Challenger, vice president of Challenger, Gray & Christmas, an executive outplacement firm. "Wages hopefully will begin to rise at a quicker pace."
"Skills really matter the most,"Janelle Gale, Facebook's vice president of human resources, tells CNBC Make It. Her advice for workers interested in landing a job at an organization like Facebook is to focus on skills and apply -- even if your resume does not exactly match the job description.
For much of the last 10 years, employers have enjoyed a relative abundance of talent across most job functions. The Great Recession’s layoffs, consolidations, restructuring, and offshoring meant that there were more workers in the US than job vacancies. Yes, it continued to be tough to find skilled workers such as maintenance technicians, engineers, and nurses, but most companies were able to have their choice of candidates from a pool of talent hungry for work.
Last week, Apple announced plans to invest $1 billion building a new Austin campus that will be home to 5,000 employees initially. This week, Google announced a $1 billion investment to build a new New York City campus called Google Hudson Square.
In the 2018 Skills Gap in Manufacturing Study, the authors find that the talent shortage is accentuated by two factors: a prolonged economic expansion that has increased the number of job openings in manufacturing and projected growth in baby boomer retirement. Although these two factors are expected to lead to more than 4.6 million manufacturing jobs over the next decade, the authors’ research finds that fewer than half of these jobs are likely to be filled.
The 133-acre campus will be located in North Austin and will accommodate an initial 5,000 employees, with capacity for 15,000 employees in total. The new campus will be located less than one mile from Apple's existing Austin facilities and will house a range of jobs in engineering, R&D, operations, finance, sales and customer support.
The Bay Area based metal band announced Tuesday that its All Within My Hands Foundation (AWMH) is launching a “workforce education initiative” intended to help community colleges to “enhance their career and technical education programs,” according to a news release.
While many classes at Davis High School might get you into an elite college, few can lead a student straight into a lifelong career. Auto Shop is one of the only classes that prepares students for a career, right out of high school.
How to rethink innovation and revitalize America's declining manufacturing sector by encouraging advanced manufacturing, bringing innovative technologies into the production process. Amazon: https://www.amazon.com/Advanced-Manufacturing-American-Innovation-Policies/dp/0262037033
The United States lost one-third of its manufacturing jobs--5.8 million positions--between 2000 and 2010. Although the economy has strengthened significantly since then, only about 12% of these jobs have returned. Their disappearance has resulted in painful social disruption: manufacturing had been a critical route to the middle class for those with high school educations or less.