In our last post we dove into the technological sophistication of production roles relative to the early Industrial Revolution as well as public perception and specific pain points in the industry where business leaders are struggling to fill open positions. This week we are going to get a...
In our last post, we drilled down on how broader trends like Labor Force Participation referenced in Post 1, are specifically impacting the Industrial Tech Manufacturing industry as well as some of the unique headwinds presenting significant challenges to manufacturers nationwide. This week we are going even deeper into the technological sophistication of production roles relative...
Last week, we discussed some of the prevailing secular trends in broader labor markets, the dynamics at play between a growing economy and shrinking labor force, and the major workplace and cultural shifts affecting the ability of employers to manage workforce expectations and availability. This week, we will be drilling down on how the broader trends referenced in Part 1 are...
There are a lot of rumblings in the news about the current state of the labor markets. It can often be difficult and confusing to get to a clear picture in a world where a simple search yields seemingly contradictory results like “Labor Market Boom Cooled Some in 2022” and “Stock Futures Retreat After Strong Labor-Market Data”. Even if you click into those articles and read, it...
