Op-ed in today's WSJ about the problems manufacturing companies are having with keeping up with demand. A Deloitte survey finds that 5% of all jobs are unstaffed because companies cannot find qualified, trained workers. Even though unemployment continues to be over 8 percent, skill shortages persist. Great quote from a community college president in my home state of Kentucky: "In the 1980s, U.S. manufacturing was "80% brawn and 20% brains, " but now it's "10% brawn and 90% brains."
Funny how neither political party is talking about this. Low hanging fruit in an election year.
What's going on with inflation?
2 years ago
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