Manufacturing companies in the US are struggling to find workers with technical skills even though the sector has shed more than 2m jobs in the past two years. The shortage of skilled staff could restrict companies' ability to step up production as the economic recovery gathers pace.
In interviews with the Financial Times, groups ranging from Boeing – one of the US's biggest manufacturers and exporters – to small companies also said they faced a wave of skilled workers reaching retirement age in the next few years, with a shortage of younger workers to replace them.
“All large technical firms are facing similar issues, where a large part of the population is eligible to retire,” said Rick Stephens, senior vice-president of human resources at Boeing.