Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on … [+] When you follow economics, business, and manufacturing, a continuing refrain is the skills gap. Factories badly need employees, but too few people have the education and skills to do the work.
“ Employers aren’t just whining ,” the Harvard Business Review said in 2014. The Manufacturing Institute noted in 2018 that the “ workforce crisis could get worse .” Companies faced a “ widening worker shortage ” in the fall of 2019, according to IndustryWeek.
Basic economic theory would suggest that […]