It's great news that we've "stopped the bleeding," Rob. I'm a little surprised to hear it, but I suppose the signs were there for those who were really watching. A few years ago, it seemed offshoring was mentioned in every othere article that I read. Now I don't see it as often.
I am not convinced that the re-shoring initiative have reached that point in time to claim that the manufacturing jobs are really coming back to the U.S at the rate they are stating in their report I am just reading in this article, and thank you for bringing this to my attention. If they are really sure of that there are 80,000 manufacturing jobs returning back, they should also be clear and tell us how many are leaving, this will help us compare and know the percentage rate of those who are returning back.
I think this article is very promising. Just as president Kennedy issued the ten year challenge to put a man on the moon followed by a strong education initiative to meet that goal, so I think the maximum return of skilled manufacturing jobs will take about ten years through revamping our education in a similar fashion as the moon shot was for science, math, and engineering in schools. While some skilled jobs are coming directly back to the US, there is a "New China" emerging: Vietnam. I see more and more reports of labor moving from China to Vietnam. This ranges from battery manufacturing to Intel's plans to open a fab in Vietnam. I am very interested in finding out how adding variables to the "Reshoring Equation" like Vietnam and some other countries will effect the time line on US reshoring. I see an outsourcing food chain where China is at the top but there are other countries between China and the US. These means that there may not necessarily be a direct path for jobs to travel directly between China and the US but to some other countries too. A lot of this depends on America making the same serious education comitment it did in the sixties for the space race. However, I see politicians talking about how serious they are about education to "secure our future" but no real plans. This is one of the reasons why putting a time line on the future is nearly impossible.
That's an important question, Dodger2. The Reshoring Initiative told me that manufacturing jobs continue to migrate offshore. Moser said we'e now at net zero. The number of jobs returning roughly equals the number of jobs going away. So, as Moser put, it, "We've stopped the bleeding."
I understand from the article that 80,000 manufacturing jobs are coming back to the United States. How many mfg jobs continue to be sourced outside of the US every year? This data provides perspective on how big of a hill we need to climb.
I cannot help but compare the mfg numbers to the often misleading employment numbers spewed by talking heads. One side mentions a 'X' jobs were created over the past 'Y' months but they conveniently how many jobs have been lost. I want to know the net.
78RPM, some communities "get it" when it comes to trainging students for actual jobs. Here is Albuquerque, our community college has long worked with local employers to make sure the skills that are taught are the skills the local companies need to hire. This includes everything from fire fighters, to network IT technicians, to machinists. Everybody wins. Companies get workers trained to their needs, and the school produces graduates who can get a job. We have a state university for non-job oriented education (like what I received), so the whole world isn't a trade school. But those who want jobs can actually go to school to learn what it takes to get one.
If we're going to see manufacturing come back in force, we will need community programs that train workers for these new manufacturing jobs.
rsalkus, isn't that the truth. I go into many manufacturing facilities in the US and around the world. One thing I always notice is the condition of the building in general and the machinery specifically. Even if the building is brand new and the workers are all young, you can already see signs of deterioration. Go into a shop, even an older building, with older workers and the structures are in good repair. It seems that we are not teaching the younger generation a diverse set of work skills to fix and repair simple things. It is like they cannot work outside of their given job or training.
I work on a machine, I spend extra time cleaning and fixing little things like lose bolts, missing knobs, and burned out lights. Now days the company is lucky to find someone even skilled in the machines basic operation.
The true test is to go into the lavatory and see how much graffiti is on the stalls. this is what the US has come to!
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