Tag: manufactur

Knapheide helping lead hunt for more welders

Knapheide helping lead hunt for more welders

Jeffery Noble Herald-Whig

QUINCY — First, the good news.

Knapheide Manufacturing Co., the longtime Quincy company that is a leading producer of truck bodies and truck beds. Business has been especially booming the past seven or eight years, once the country had worked itself through the most-recent recession that ended around 2010.And the bad news?The company cannot attract enough people to fill openings, particularly in some of the skilled trade positions. That’s especially true in welding."We could hire 40 welders today," said Jim Rubottom, vice president of human resources and a 29-year employee at Knapheide. "Young people are just not that […]

Automation Isn’t the End of Jobs

Automation Isn't the End of Jobs

Note: This video is one of several interviews that Morningstar director of personal finance Christine Benz had with Vanguard officials at this year’s Bogleheads event. See all of the interviews here .

Christine Benz: Hi, I’m Christine Benz for Morningstar.com. What will the increase in automation mean for the future of jobs in the economy? Joining me to discuss some recent research on that topic is Joe Davis. He is the global chief economist and global head of Vanguard Investment Strategy Group.

Joe, thank you so much for joining me. Joe Davis: Thank you, Christine. Benz: Joe, let’s talk […]

Pitting people against technology is not the answer to future recruitment and retention. Training is.

Pitting people against technology is not the answer to future recruitment and retention. Training is.

Echoing our blog post earlier this week, Helen Jamieson points to training and upskilling as the way to combat automation. Reading time: 4 minutes The last two years has seen a rapid and fundamental shift in the way we work. Movements such as #metoo, the boom in zero-hours contracts , and a new regard for mental health has seen much-welcomed debate about working culture.

It has, however also given rise to a worrying trend of navel gazing, as employers seek to respond to the latest headline issue, rather than take the time to assess the direction of their workforce as […]

Is tech a friend or foe when it comes to workplace equality?

Is tech a friend or foe when it comes to workplace equality?

"It will be a challenge to develop software which is 100% unbiased and can truly contribute to workplace equality". Photo: iStock Analysis: an assessment of technology’s impact on gender pay gaps, equal employment opportunities and life/work balance

Topics such as the "future of work" , "Industry 4.0" and the "gig economy" have recently become almost ubiquitous in popular media. While debate about such topics is called for, one of the criticisms, which can be levelled at some of those to the fore of such discussions is the largely homogenous way in which these developments are discussed.

Technological advancement holds great […]

It Makes Financial Sense For Corporations to Bring Our Jobs Home

It Makes Financial Sense For Corporations to Bring Our Jobs Home

By Dan Murphy with Frank Spotorno

One of our friends in our mission to Bring Our Jobs Home is the Reshoring Initiative, reshore.org, which sits down with corporations and compares the cost of doing business overseas with making it in the USA. “We publish this data annually to show companies that their peers are successfully reshoring and that they should reevaluate their sourcing and siting decisions,” said Harry Moser, founder and president of the Reshoring Initiative.

“With 3 to 4 million manufacturing jobs still offshore, as measured by our $500 billion/year trade deficit, there is potential for much more growth. We […]

AI and Automation Will Replace Most Human Workers Because They Don’t Have to Be Perfect—Just Better Than You

AI and Automation Will Replace Most Human Workers Because They Don't Have to Be Perfect—Just Better Than You

Sawyer the Robot will work for the equivalent of $4 per day. And he’s never in a bad mood. Can you compete with that? Route 9 skims by Boston and cuts clear across Massachusetts to Pittsfield, a city of roughly 50,000, the largest in Berkshire County. Well east of Pittsfield, Route 9 becomes Worcester Road, named for a city that in earlier times was the nation’s largest manufacturer of wire—barbed wire, electrical wire, telephone wire and the wire used in the making of undergarments by the Royal Worcester Corset Co., once the largest employer of women in the United […]

AI’s potential in changing the workforce

AI’s potential in changing the workforce

Talking about the future without artificial intelligence is impossible.

After the paradigm-shift in our work culture due to Big Data and the Internet of Things (IoT) transforming everyday devices into smarter ones, AI is now making analytics even more efficient and productive.

Data volumes are exploding and there is more data created in the past two years than in the entire history of the human race. By 2020 , about 1.7 megabytes of new information will be created every second for every human being on the planet. Also Read: 4 Big business strategies small businesses can use The human […]

Up to 2.4M Manufacturing Jobs May Go Unfilled by 2028, Study Says

Up to 2.4M Manufacturing Jobs May Go Unfilled by 2028, Study Says

By Bill Koenig As many as 2.4 million manufacturing jobs may go unfilled by 2028, putting $454 billion in production at risk, consulting company Deloitte (New York) said.

A lack of skills and “impending retirements” of current workers “suggest the industry could experience employment bottlenecks,” the consulting company said in a report done with the Manufacturing Institute.

The report was based on a survey of 400 U.S. manufacturers. That was supplemented with executive interviews, analysis of data and economic forecasts. The report lists five authors, five from Deloitte, one from the National Association of Manufacturers, parent organization of the Manufacturing Institute.Manufacturing […]

Is Automation Really Taking All of Our Jobs Away?

Is Automation Really Taking All of Our Jobs Away?

It’s 2018. Technology is advancing exponentially and, as time goes on, becoming more and more integral to our lives. Machines are increasingly doing more work for us, but job creation has simultaneously been rising. According to the Bureau of Labor Statistics , nonfarm payroll employment increased by 213,000 in June 2018, and job growth occurred across professional and business services, manufacturing, and health care.

How jobs are still being created during technology’s takeover was a topic recently discussed in a TEDx talk with economist David Autor, who breaks down this paradox with two very interesting points:

The O-Ring – What […]

Inside the New Industrial Revolution

Inside the New Industrial Revolution

Each of these earlier revolutions is easy to measure in hindsight—tons of steel produced, number of automobiles on the road, the proportion of homes with a PC. Since we’re just at the start of this latest transformation, we can only try to find clues to the future by looking at the trends of the past decade, with the rise of the smartphone, the Internet of Things and cloud computing. WSJ Tech D.Live

What is tech’s way forward? Follow live updates from the conference as the leaders and luminaries from the worlds of tech, entertainment and media discuss our digital […]