With more factory jobs now demanding education, technical know-how or specialized skills, many US plants are struggling to fill positions.
Manufacturing occupies a unique role in American society. It’s a proud point in the culture and a leading bipartisan priority for policymakers. According to recent studies, Americans want to see manufacturing jobs created in their communities more than jobs in any other sector. Still, according to the same studies, relatively few Americans personally want to work in manufacturing.
In an exclusive CNBC interview, Jack Ma, Alibaba executive chairman, talks to CNBC's David Faber about artificial intelligence and employment.
While there are certainly differences between the heavy equipment and manufacturing industries, there are similarities between the natures of the skills gap affecting their workforces. These connections between the experiences provide a broader context for the challenges facing businesses due to the shortage of technical workers.
Competition among businesses for top IT talent today makes it critical for managers to rethink their recruitment and retention methods. Speeding up hiring times, training from within, filling skills gaps with project professionals and offering attractive compensation can help you hire – and keep – the best and brightest for your organization.
CNBC's Landon Dowdy sits down with freelancers to get their take on some of the pros and cons of freelancing.
Freelancing is becoming a more prevalent, viable option for workers — a trend that spans across borders, industries and occupations.
Industrial engineer and systems analyst Monica Barin shares her path toward a career in solar power technology, and how failure was actually a tool she used to find success.
Science, technology, engineering and math – or STEM – majors on average earned $43,000 annually at the entry level, compared with $41,000 for health majors and $29,000 for arts, humanities and liberal arts majors. But by midcareer – when the college graduates are between 25 and 29 years old – STEM majors were significantly out-earning other majors, at $76,000 annually. Business and health majors followed at $67,000 and $65,000 a year, respectively. On average, entry-level jobs that require a bachelor's degree pay $33,000 annually, and $61,000 by midcareer.
Drawing on its biennial Science and Engineering Indicators report, the NSB's latest report highlights the growing need for STEM knowledge and skills in a 21st Century economy. In 2010, 16.5 million individuals--including many in non-STEM jobs, such as sales, marketing and management--reported that their job required at least a bachelor's degree level of science and engineering (S&E) expertise. This represents about three times the number of individuals working in occupations classified as S&E (5.4 million).