With Industry 4.0 on the horizon, countless new opportunities for engineering and skilled production teams will emerge in the manufacturing world thanks to innovations like additive manufacturing and artificial intelligence. But, despite
the plethora of opportunities, a widening skills gap and an aging workforce are contributing to a major labor shortage. Employers are already struggling to fill open positions.
Here’s what this skill and labor shortage spanning the next 10 years could mean:
To fill open roles
In lost U.S. GDP
There are steps the industrial equipment sector can take to build and upskill a workforce capable of tackling Industry 4.0. Doing so will require a strong understanding of the manufacturing skills gap and a willingness to change up traditional recruiting and training programs. One thing is for certain — the time to start closing the skills gap is now.
Download this white paper to discover: