The Battle for Talent: 3 Manufacturers Share Their Wins

Nov. 21, 2022 Sometimes the best solutions have been developed by companies looking to serve their own unique needs. Ethan Karp American manufacturers are missing out on serious revenue due to talent shortages. Last year, the research firm Korn Ferry predicted that unrealized output from manufacturing talent shortfalls will grow to more than $607 billion by 2030.Read More

Home Buyers Are Moving Farther Away Than Ever Before

Rural areas and small towns rise in popularity as remote workers seek opportunity in more affordable communities By Nicole Friedman Nov. 3, 2022 9:00 am ET The rise of remote work and the ballooning cost of housing in major metro areas are leading Americans to move much farther away when buying a home. Buyers who purchased homes in the yearRead More

Be Deliberately and Relentlessly Clear’: Lessons from Goodyear and Beyond

Oct. 13, 2022 Standards are not monuments, but they are the core of consistency. The following is an excerpt from the new book The Winning Link: A Proven Process to Define, Align and Execute Strategy at Every Level by Billy Ray Taylor [McGraw-Hill: 2022]. Taylor spent more than 30 years at Goodyear Tire & Rubber Co.,Read More

To Address Labor Shortages, Manufacturers Must Become Talent Creators

Aug. 18, 2022 Upskilling and reskilling of existing employees is also a vital piece of this employment puzzle. Chris Keaveney Our nation is facing a dire shortage of manufacturing workers. The National Association of Manufacturers forecasts that by 2030, the United States could have 2.1 million unfilled manufacturing jobs. A March 2022 survey from Deloitte and the Manufacturing InstituteRead More

A Feeling of Belonging Key to Employee Attraction for CoorsTek

Jan. 3, 2022 Adrienne Selko The 6,000-person company hired 2,000 people last year at a time when many manufacturers struggle to fill their workforces. Is a family-owned company, now run by the fifth generation, one that would attract employees? Well, it seems the answer to this question is yes, as CoorsTek, founded in 1910 byRead More

US Private Hiring Slows in May Amid Worker Shortage

June 2, 2022 Payroll services firm ADP's data could foreshadow weaker hiring last month in the U.S. economy. Agence France-Presse U.S. businesses slowed hiring in May, amid an ongoing struggle to find workers and high inflation, according to an industry survey Thursday. Payroll services firm ADP said private employment rose by 128,000 positions last month,Read More

Rising US Wages Support Spending in April as Inflation Slows: Govt

May 27, 2022 According to the Commerce Department report, U.S. personal income rose 0.4% compared to March. Agence France-Presse American wages continued to rise in April, supporting an ongoing increase in consumption in the face of an inflation wave that nonetheless shows signs of waning, according to government data released Friday. U.S. personal income roseRead More

Manufacturing Wages Lag US Average in Era of Amazon

May 10, 2022 Manufacturing wages were once a stable way to make solid middle-income wages. What does it mean if they're not keeping up? Ryan Secard Bureau of Labor Statistics, Department of Labor Manufacturing jobs aren’t what they used to be. Long seen as a dependable way to earn a middle-class living without a degree,Read More

A Small Business Is Doing Well, But Finding Workers Is Another Story

April 28, 2022 Hidaka USA Inc. is growing, but finding staff is a major challenge. Adrienne Selko For the past 30 years, Hidaka USA, Inc. Inc, based in Dublin Ohio, has managed to not only navigate the ups and downs of a complicated business cycle, but it has thrived. Established in 1989 as a supplier of prototypes,Read More