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Human Capital: 2 ways to address the skilled labor shortage

Do you seek a smaller slice of the existing pie, or do you expand the pie for everyone, asks Tom Moriarty.

PS1601 Dept Web HumanCap

In manufacturing, the Baby Boomers are about midway through retirement age. They’re all moving to Florida (at least the traffic here seems like it). Younger people in their 20s and 30s are much less interested in working in manufacturing. In addition to that, the “good problem” of a robust economy means businesses are expanding. There is a greater demand for workers.In June, I participated in the Aerospace Workforce Workshop in Brevard County, FL. In August, I was a panelist at a Society for Maintenance and Reliability Professionals Maintenance and Reliability Symposium (MaRS) hosted by SMRP’s Houston chapter. In both settings, the employment landscape is the…

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