U.S. manufacturing could need 3.8 million new employees by 2033
The U.S. manufacturing industry has emerged from the pandemic on a strong growth trajectory, and continued growth is expected over the next 10 years as companies work to meet evolving customer demands, improve their supply chains, and leverage government incentives and policies. Despite substantial growth in the sector, U.S. manufacturing faces a skills gap and tight labor market.
Deloitte and The Manufacturing Institute's new report, "Taking charge: Manufacturers support growth with active workforce strategies," examines the workforce challenges that manufacturers are facing as well as the investment and skills likely required to drive continued growth across the industry. According to the study, workforce challenges are among the top concerns for U.S. manufacturers and have been since Q4 2017, except during the pandemic.
