U.S. skilled labor shortage and declining completion rates
- 1The U.S. Skilled Trades Alliance announced that 1.7 million skilled trade jobs must be filled annually through 2035.
- 2Perception is high, with 71% of teenagers reporting they feel pride in pursuing skilled trades.
- 3Only 29 out of every 100 people who begin an apprenticeship are still working in a skilled trade after five years.
So what's the key point?
The U.S. needs 1.7 million skilled workers every year. However, a shortage is occurring because few people who start training remain in the field after five years.
Source Fortune · View original ↗
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