Why companies are impact investing in the frontline workforce | Fast Company

Tech industry layoffs have been grabbing headlines for months now, but in retail, hospitality, manufacturing, healthcare, and other sectors that rely on large numbers of frontline workers, employers are facing the opposite problem—a severe and ongoing labor crunch. Companies in these industries are still struggling to recoup jobs lost during the pandemic and are finding they can’t hire fast enough to meet rebounding demand. In the leisure and hospitality sector, for example, employers added 128,000 jobs in January, followed by another 105,000 in February. That same month, the number of information-related jobs fell by 25,000.

The difference in employment trends between the tech industry, which relies mostly on salaried desk workers, and industries that employ tens of millions of hourly frontline workers reflects a new, post-pandemic reality.

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Deloitte BrandVoice: Tracking The Recovery: What Manufacturers Can Learn From One Another | Forbes

The recovery from COVID-19 in manufacturing will not be one uniform push. Rather, just as the virus worked its way across the globe, the recovery will be uneven as disparate regions and sectors move toward the next normal.

This won’t make things easy for manufacturers. But the one advantage of a staggered recovery is that it allows you to draw on the insights of regions and sectors that are ahead of you in the cycle. And based on several podcasts I recently recorded with colleagues who advise on manufacturing across the globe, everyone seems to be facing the same key challenges.

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American manufacturers importing workers | money.cnn.com

NEW YORK (CNNMoney) — U.S. manufacturers, frustrated by a shortage of skilled American factory workers, are going abroad to find them.

Business for factories has surged recently, creating a huge demand for machinists, tool and die makers, computer-controlled machine programmers and operators.

“These jobs are the backbone of manufacturing,” said Gardner Carrick, senior director with the Manufacturing Institute. “These are good quality middle-class jobs that Americans should be training for.”

The United States is experiencing a shrinking pipeline of manufacturing talent, said James Wall, deputy director of the National Institute for Metalworking Skills.

“It’s been in the making for years,” he said. Factories didn’t feel the labor pinch as much when manufacturing was in a slump. But the latest “Made in USA” resurgence has them scrambling.

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