Newsletter Masthead
July 2012

10 Million Unfilled Manufacturing Jobs

In a report, The Future of Manufacturing: Opportunities to Drive Economic Growth, recently released by the World Economic Forum (the Forum) in collaboration with Deloitte Touche Tohmatsu Limited (DTTL), the report estimates that 10 million manufacturing jobs worldwide cannot currently be filled due to a growing skills gap.


Even with high unemployment, companies are having problems finding highly trained workers and engineers and an organization can’t grow without more skilled workers.


Approximately 5 MM+ manufacturing jobs are unfilled in India and another 3 MM+ manufacturing jobs in China and approximately 600,000 jobs in the US are unfilled due to the skills gap of the available employees.  The greatest shortages exist in skilled production workers, technologists, scientists and design engineers.


The CEO of Caterpillar said “Caterpillar’s difficulty finding qualified hourly production staff, technicians, and engineering personnel is hurting our manufacturing base in the US.”

Skills Gap by Sector


Employers in Japan (80%), India (67%), Brazil (57%) and United States (52%) were more likely to report problems finding talented workers.  The skills gap is also being created by an aging manufacturing workforce that are retiring globally at a rate of 65,000 people a day.  This trend is expected to continue for the next 10 years.  Due to this skills shortage, many companies are delaying their growth plans.


Manufacturing’s share of global value added has declined from 35% in 1985 to 27% in 2008 and it continues to decline while services global value added has grown to 70%.  Although manufacturing’s share of value added has declined, Manufacturing is still vital because for every $1.00 in manufacturing value added, another $1.40 in value added in other sectors is created (From the US Department of Commerce, Bureau of Economic Analysis)


In order to bridge this skills gap, new collaborations between academia, corporations and private organizations around the globe are being created.  In the US, the National Association of Manufacturers (NAM), is working with high schools and community colleges to provide customized training and education for a “work-ready manufacturing workforce.” 


Bottom line, there may be a skills gap, but for the last couple of years US manufacturing has been growing as more have come to understand the importance of US manufacturing in growing the US economy.  As the skills gap is addressed, this will only increase the growth of US manufacturing. 


Let me know what you think... 


Ben Moore
Agent Technologies, Inc.


To download the report:


Continue to blog about this article at:
The Consumer's Workshop: the future of American manufacturing
The Consumer's Workshop: The Future of American Manufacturing is a hand book on how to setup the systems within your company and create the workforce you need to be successful now and in the future.  Written by authors that have worked at some of America's largest manufacturers, founded their own manufacturing organizations and helped numerous small manufacturers grow.
The Consumer's Workshop: The Future of American Manufacturing is a must read for today's business leaders.  It is insightful and provocative in its approach to where US manufacturing has been, how manufacturing got into the troubles it faces today and what we need to do to become the standard for world class once again.  If we want to know how to regain that competitive edge once again, the roadmap is certainly the pages of The Consumer Workshop.

-- Bruce Vaillancourt,Director, NIST MEP Program, TechSolve, Inc.

Book The Consumer's Workshop is an extremely timely review of how manufacturing strategy developed in the past
and how it will change in the future. The author team clearly demonstrates that companies have to change -- and provide plenty of advise how such a change should take place."
-- Frank Piller, PhD, International Manufacturing Consultant

As the authors make clear, eventually American manufacturing will become the workshop for direct production of consumer's own designs -- or it will be no more. Begin that path by following the steps outlined here."
-- B. Joseph Pine II, author, Mass Customization: The New Frontier in Business Competition

Investment: $12.99





In This Issue

10 Million Unfilled Manufacturing Jobs

xRP: Free 30 Day Trial

Manufacturing Statistics July 2012


Xrp Logo

Online CRM / ERP Solution 

Increase Sales 

Manf Rep Software
Hosted ERP

Base Subscription:
$9 per Month per User 

 30 day free trial 

Watch a 10 Minute Video on Why You Need xRP


Factory Image
Manufacturing Statistics 
1) Industrial production in June 2012 increased 0.4%.  Manufacturing production increased 0.7% in June 2012. Source: Federal Reserve Board
2) Nonfarm payroll employment increased by 80,000 in June 2012.  Manufacturing employment increased by 11,000. Unemployment rate remains at 8.2% nationally. Source: Bureau of Labor Statistics
3) Manufacturing Trade Deficit decreased to $48.7 billion in May 2012 on exports of $183.1 billion and imports of $231.8 billion.  Sources: Census Bureau, Bureau of Economic Analysis
4) New orders for durable manufactured goods in May 2012 increased $2.3 billion or 1.1% to 217.2 billion.  Source: Census Bureau
5) Inventories of manufactured durable goods in May 2012 increased $1.8 billion or 0.5% to $365.8 billion.  Source: Census Bureau
xRP Postcard
Agent Technologies, Inc.
Phone:  513-942-9444
Fax:  513-942-9446
Founded in 1995, Agent Technologies, Inc. provides software application development, factory automation and operation consulting. Try xRP - Our Online CRM/ERP Solution (  FREE 30 Day Trial!


This email was sent to #e-mail# by                          UnSubscribe

Agent Technologies, Inc. | 8216 Princeton-Glendale Road, Suite 191 | West Chester | OH | 45069