With growing confidence in the future of the economy, more American manufacturers plan on hiring in the next year than at any time in the last five. The 58% of industrial employers who say they expect to add workers is also the second highest percentage of the last 10 years.
The only thing standing in the way of some of the nation’s largest manufacturers from hiring the workers is finding those with the skills they need. Among the usual worries about taxes, government regulation, and foreign competition, one-in-five industrial manufacturers see the lack of qualified workers as a barrier to their growth.
What they need most, the manufacturers said in a survey by the accounting and business consulting giant PwC, are middle managers (said 70%) and skilled labor (67%). This need, and the expansion plans, will mean growth for search firms both in the manufacturing sector and those who recruit for specific occupations.