As the United States economy continues to recover, it has been getting some help from an unexpected place. After decades of massive job losses, manufacturing firms have been steadily creating jobs, with many of the jobs paying handsomely. One particularly bright spot is a new generation of high-tech manufacturers. To compete with cheaper labor abroad, U.S. manufacturing has been forced to become more productive, meaning manufacturing companies are making more products with fewer workers. In fact, at some manufacturing plants you might find during off business hours when no workers are on the floor, machines doing the work. This has become the best weapon for maintaining competitiveness, whether it involves local or global competitors, manufacturing companies must become flexible and find ways to be productive for as many hours as possible.
Another key ingredient to improving manufacturing in the states is finding the right type of workers with the necessary skills to operate machines and equipment. Because workers with the needed expertise are increasingly in short supply, serious U.S. manufacturers, looking to mitigate difficulties in hiring, are working with the local colleges to emphasize a need for specialized degrees.
Since 2010, U.S. manufacturers have added 665,000 jobs. However, some economists say that figure is worthless for now because manufacturing lost approximately seven million jobs in the three decades prior. Depending on whether you want to look at the glass half full or half empty, some economists are optimistic that this figure represents a continuing uptick as manufacturing companies are finding ways to better the industry. The key to continue this uptick, as referenced previously, is to reach the younger generation of people preparing for their education to open doors in the workforce. A lot of manufacturing workers are older and getting ready to retire. U.S. manufacturing companies need to do whatever they can to ensure they can replace their company’s labor force with fresh blood and able bodies once long time workers retire.
The draw to bring students toward a future in manufacturing after college is that high-tech manufacturing jobs are very well paying – better than most industries, especially right out of college. If advanced manufacturing companies in the U.S. continue to grow and are able to hire more workers, that could provide a significant boost to the U.S. economy.
Jessup Manufacturing believes it has been able to take many of these ideas and put them into action, which is one of several reasons why the business has been able to prosper for over fifty years. After so many years of experiencing a wide array of difficulties pertaining to U.S. manufacturing, Jessup believes there are signs of not only improvement, but also sustained growth. Jessup professionals believe that if U.S. manufacturers stick to some of these ideas, manufacturing in the U.S. will become easier, sooner than later. If you have a manufacturing need, please contact Jessup to discuss your options.