Workforce Changes and Skills Gap in Manufacturing

This document is a report discussing the challenges faced by the manufacturing sector due to changes in the workforce and the skills gap. It outlines the impact of the Great Resignation, which began in 2021, leading to significant attrition and a tight job market with over 11 million open positions in early 2022. The report highlights the difficulties manufacturers encounter in maintaining production levels due to staffing shortages and the associated costs. Additionally, it addresses the retirement of experienced maintenance workers, resulting in a skills gap as younger generations opt for careers outside of manufacturing. The document details Advanced Technology Services Inc.'s (ATS) technician development program, which aims to bridge this gap by training individuals with limited experience. The report emphasizes the importance of investing in current employees and creating a culture that supports career growth and development within the organization.