SME is passionate about
providing knowledge to the manufacturing workforce — present and future.
Through its strategic areas of events, media, membership, training &
development, and the SME Education
Foundation, SME is uniquely dedicated to the advancement of
manufacturing by addressing both knowledge and skill needs for the industry.
Why is workforce development
There are a myriad of factors that
influence children as they grow into adulthood, but education is universally
recognized to be a major factor that can open doors to future success in the
workforce. With up to 10,000 baby boomers retiring daily, now,
more than ever, technically skilled workers are in high demand.
Currently, 12 million people are employed by manufacturing in the U.S. The Bureau of Labor Statistics predicts that, in the 21st century,
manufacturing employment as a share of the total workforce is going to decline
by 10.6 percent (or 1.5 million jobs), mainly in repetitive manufacturing jobs.
According to the Federal Reserve Bank of NY, employment in advanced manufacturing,
however, has risen by 37 percent. For example, employment in pharmaceutical and
medical device manufacturing is expected to grow by 23.8 percent and add 69,000
new jobs by 2016. The aerospace and defense industry has a backlog of
production that extends to 2030, requiring continuous upkeep of their
workforce. Transportation will continue to grow and change, requiring a
workforce that is flexible, knowledgeable and focused on their deliverables.
According to a 2011 Skills Gap Report, more than 83 percent of U.S.
manufacturers report an overall shortage of qualified employees. By 2025, therewill be 2 million jobs in manufacturing going unfilled.
This can be changed by educating
young people in science, technology, engineering and mathematics (STEM) and
career technical education (CTE) providing them with information about the
manufacturing world, and allowing them to experience beneficial opportunities.
In addition, the current workforce needs to be able to transition into high-skill,
high-wage, high-demand positions.
WORKFORCE DEVELOPMENT NEWS & INFORMATION