UNSKILLED LABOR SHORTAGE: A CASE STUDY
Manufacturing employs over 11 million workers in the U.S. According to an October 2011 report by the Manufacturing Institute and Deloitte, American manufacturing companies have 600,000 unfilled jobs. Over 65 percent of surveyed manufacturers were experiencing a severe shortage of workers and 56 percent expected the shortages to increase in the future.
- You can't grow a business without workers. Millions of employees are needed. But where will they come from? And the same story is true in other critical industries: agriculture, food processing, health care, construction and more.
- The effect of these worker shortages will ripple through the economy and affect skilled workers in banking, real estate, manufacturing and professional services.
- Instead of encouraging economic growth, we're fighting it with unrealistic law – unrealistically low immigration quotas.