News October 2017 Volume 7
Workforce and Manufacturing Analytics Newsletter
 
  • It's a good idea, every once in a while, to step back and look at long-term manufacturing topics. Here is one: AR (augmented reality) as an emerging 'solution' to the widening skills gap in the sector.
  • And one more: a good example of a manufacturing recruiting talent by showcasing manufacturing as a desirable, leading edge career choice.
     
 
A good sign: labor participation rate went up 0.2% in September. People are getting back into the labor market and taking jobs.
     
 
Driven by strong order growth and production, Us manufacturing expanded in September at fastest pace in 13 years (Institute for  Supply Management).
  • Employment gauge at six-year high
  • 17 or 18 major manufacturing sectors reported growth in September
  • Manufacturers' record-high optimism reported in Q1 / Q2 has continued into Q3. Highest three-quarter average in NAM survey's 20-year history. And, strong majority of both small and large manufacturers state promise of tax reform will spur growth and create jobs.
     
 
A picture is sometimes worth 1000 words (see chart to the left). A visual reminder of why our clients are often under stress.
     
Keith Wisner, Vice President - Workforce & Supply Chain Analytics.