As an industry we have persevered through some historic moments in the past couple of years. And with a tight labor market, we are still going uphill. Despite a record level of new hires, job openings in the industry are still hovering near all time highs.

The good news is change can be good and we are witnessing manufacturers pushing several approaches to strengthen their talent retention strategy. Our host, Michele Vincent gives us an overview of the biggest trends in 2022 and how they will impact employers, employees and the future of work. Join us as Michele discusses:

• It’s estimated that only about a third of occupations are suitable for remote remote work. What can employers do when they can't compete?
• Recommendations for employers and policymakers to make hiring easier in the face of labor constraints. Tactics include: easing visa requirements, investing in productivity enhancing technology, and tapping into overlooked pools of workers.
• Where the growth in manufacturing is, despite labor shortages, supply chain issues and economic uncertainty

Research and media mentioned in this epsiode:

• Indeed & Glassdoor's Hiring and Workplace Trends Report 2023
• Deloitte's 2023 Manufacturing Industry Outlook
• Global CHRO of the Future Research

Podcast Episodes Mentioned:

• Bonus Episode: Addressing Staffing Issues In A Post-Pandemic World
• Cutting Turnover by 20% Or More During the Great Recession Cutting

Show notes: https://www.madicorp.com/podcast/2023-manufacturing-workforce-outlook

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