American industrial companies are being transformed by technology and Industry 4.0. More than 1.3 million manufacturing jobs have been added since the end of the recession. The resurgence of jobs has brought on a workforce crisis as companies struggle to fill roles. More than 2.4 million jobs are expected to go unfilled.
For every $1 spent on manufacturing, $1.89 is added to the economy – the highest multiplier of any economic sector
Over the next decade, industrial companies will need an additional 3.5 million people to fill manufacturing jobs
The average annual compensation for workers at manufacturing companies in the state of California is $100,060.
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Kim Taylor is an edtech entrepreneur with a family history in advanced manufacturing. She has been featured as a workforce and higher education expert on CNBC, The New York Times, The Wall Street Journal and The Chronicle of Higher Education.
Cluster is Kim’s second venture-backed company. Previously, she was the CEO and founder of an online recruitment company that was acquired by publishing giant (NYSE: JW.A) in 2016 and funded by Mark Cuban & Microsoft.
September 10, 2019
April 16, 2019