Manufacturing Industry Trends in 2019

manufacturing trends

With the implementation of new technologies and processes in the manufacturing industry, some are even labeling this era as the Fourth Industrial Revolution. The integration of AI and the Internet of Things is revolutionizing the modern workplace. Processes are changing; manufacturers are looking for ways to cut costs, and more jobs are being created every day. In today’s ever-changing workplace, here are three manufacturing trends to watch in the second half of the year.

There’s a labor shortage

In a tight labor market, it’s becoming more and more challenging to find talent in the labor and manufacturing industry. At the end of 2018, there were 508,000 manufacturing job openings – the most significant gap in nearly 20 years. And this predicament isn’t going away in 2019.

Last month, manufacturing employment gained 17,000 workers. So far this year, monthly manufacturing job gains have averaged 8,000 jobs or a total of 48,000 jobs in 2019. Moreover, there was a total of 12.9 million manufacturing jobs as of June 2019. This proves that the manufacturing industry continues to create jobs. Yet with an unemployment rate of 3.7 percent, it’s becoming increasingly difficult for employers to find and retain talent.

There’s a skills gap

Despite the creation of hundreds of thousands of manufacturing jobs, there is a skills gap within the industry. There is an expanding gap between vacant positions and the qualified candidates capable of filling them. Between 2018 and 2028, the skills gap is estimated to leave approximately 2.4 million jobs unfilled.

Due to the increasing implementation of technology in the workplace, some jobs are being eliminated or changed. However, many manufacturers are combating this by training their existing staff. Employers are retooling their team and helping them develop new skillsets, and thus, transitioning them into new roles.

Companies are going lean

Lean manufacturing has been around since the 1980s. However, it has been continuously gaining popularity with manufacturing organizations around the globe. Essentially, lean manufacturing is the process of minimizing waste within manufacturing processes. As manufacturers continue to find ways to shed waste, more employers are covering the costs for their employees to receive certifications, such as Lean Six Sigma and Lean Kaizen certifications.

In fact, 55 percent of employers are now helping cover the costs for their employees to earn certifications. That is up from 47 percent in 2016. In other words, manufacturers are investing in their employees. This will ultimately help them become more efficient, and therefore, help improve production.

Get the help you need

As you can see, the manufacturing industry is tighter than it has been in almost 20 years. If your organization needs help navigating the labor shortage in today’s job market, reach out to JSG’s expert team of labor and manufacturing recruiters. We can help you find the talent you need to keep production running smoothly.

The Aerospace and Aviation Job Markets are Ready for Takeoff

Aerospace and Aviation

Aerospace and Aviation at a Glance

From the Wright Brothers flying the first plane in 1903 to the moon landing in 1969, the aerospace and aviation industries have taken massive steps forward; one could even say steps that are large enough for mankind.

With new technological advancements taking place every day, these industries are constantly advancing as well. Maybe Neil Armstrong was the one to blame for inspiring these industries to continue making steps toward innovation.

Aviation:

The aviation industry defined through numbers

“1,303 airlines fly 31,717 aircraft on 45,091 routes between 3,759 airports in airspace managed by 170 air navigation service providers.” –IATA, 2018

The aviation industry is rapidly growing with the numbers to prove it. Most noteworthy, the current aviation market supplies 65.5 million jobs and contributes $2.7 trillion to the global economy. Due to this expansion, people want jobs in the aviation market. The industry offers positions for everyone, ranging from pilots to engineers to crew members. And people holding these jobs are typically 4.4 times more productive than the average worker on the market, further proving the desire to join this workforce.

Aviation is booming

Certainly, there are many trends that explain why the aviation industry is booming. The combination of technological, social, and economic trends increase the potential of this industry. Aviation is adapting and utilizing new technologies in renewable energy, artificial intelligence (AI), cloud technology, and new online aviation marketplaces.

Looking toward the future, the aviation industry is at a critical point. Depending on your perspective, the industry faces challenges that others might call an opportunity for growth. Recently, the Boeing 737 Max experienced two fatal crashes within a span of five months. This incident created discomfort with the aviation industry in general. Some airlines even canceled flights with the Boeing 737 Max. As a result, one perspective shows that the devastation created mistrust between the consumer and the aviation industry. While another perspective shows that this devastation opened the door for other aviation companies to step up and really focus on safety.

Aviation anticipates 2 million job opportunities

Moreover, today’s aviation industry faces many difficulties and changes. Contributing, this high demand industry is experiencing the highest backlog in its history of 14,000 aircraft, which means the industry needs more hands-on deck. Additionally, about 38,000 aircraft are forecasted to be produced globally within the next 20 years. And with an increase in aircraft being produced, the number of hires in this field are following. The growth of the industry and the lifecycle of careers creates many job opportunities in the upcoming years. Because pilots are retiring, it is critical that the workforce expands.

By 2037, Boeing’s 20-year aviation jobs forecast predicts 790,000 new pilots globally with 206,000 in the United States. Similarly, the anticipated number of hires in this industry is followed by an increase in other occupations. In fact, predictions by 2037 total 2,115,000 job opportunities in the next 20 years with 622,00 commercial technicians and 858,000 crew members contributing.

Aerospace:

Why get a job in aerospace?

Aerospace is also a booming industry with plenty of opportunity for growth. But why would someone want to work in aerospace? Target Jobs narrows down some of the best reasons why you should get into the aerospace industry:

  • You’re working on inspiring and innovative technology
  • You make a tangible and positive impact on the world
  • You can travel and work globally

Overall, the aerospace industry is ever-changing and an exciting field for a career.

Aerospace is estimated at $838 billion

While there are many intangible reasons why you should come on board the aerospace industry, there are also plenty of tangible reasons this labor market is thriving. Currently, the global aerospace industry is estimated at $838 billion and growing. In addition to the economic benefit the industry provides, it’s a great job market. This industry is responsible for 2.5 million jobs, making up a total of 20 percent of all manufacturing jobs in the US!

Flight forward in aerospace:

The current aerospace market is huge and industry experts anticipate it to only get larger. Contributing, the demand for new innovative technology in this field is growing across countries, and current industry trends are leading the way. Current trends that will affect aerospace include a decrease in noncommercial funding, climate change, an increase in technology, big data, and increased competition. Looking forward, the aerospace industry needs to revamp its approach to recruiting, incentives, and career progression in order to keep up with trends affecting the market, especially with an anticipated increase in competition.

Let your career take flight

The aerospace and aviation industries are booming with plenty of room for career advancements. Why wait to launch your career in aerospace or aviation? Now is the prime opportunity to join an innovative and technology-driven industry. Partner with a JSG recruiter today to launch your aerospace or aviation career to the sky!

IT Hiring Trends In 2019

IT Hiring Trends in 2019

Every company has a need for IT talent. But these days, it may not be so easy to come by! From Application Developers to Systems Administration, the demand for qualified IT professionals is on the rise. IT hiring is projected to grow 13% by 2026, which is faster than the average of all occupations. Here are four trends affecting the industry this year.

The industry is experiencing a labor shortage

Over the next two years, there will be 1.4 million open technology jobs, according to the U.S. Bureau of Labor Statistics. In that same time, only 400,000 people will graduate with computer science degrees. As companies strive to meet consumer demands, their IT hiring requirements are steadily increasing. This disconnect creates a huge burden.

Flexible work options are popping up everywhere

“Technology mobility is here to stay, and companies need a combination of in-office workplaces and flexible remote work options,” says Jeb Ory, CEO of Washington, D.C.-based Phone2Action. Interestingly enough, companies and candidates alike are moving away from full-time remote work. They see value in having face-to-face time with team members and also having the flexibility to work remotely as needed.

Compensation is extremely competitive

With the shortage of qualified candidates, competition for talent is fierce. Additionally, high demand certifications such as Cisco Certified Architects (CCAr), are driving salary premiums at a rapid pace. Hiring managers need to put their best offers on the table when it comes to hiring IT professionals. If you don’t offer a competitive salary, IT professionals will move on to another employer who will.

Faster hiring processes secure talent

Two-thirds of non-executive technology professionals say they would “lose interest in a job if there was no follow-up within two weeks of an interview.” However, the average time to fill a staff-level role is 4.5 weeks. In order to secure top talent in the IT space, companies will have to move quickly!

Focus On: Engineering

Focus On Engineering

One of the main areas that JSG recruits for is Engineering. From Aerospace Engineers to Software Engineers to Structural Engineers and everything in between, we recruit them all for hundreds of companies throughout the US and Canada. The Engineering industry has experienced a 10.3% steady growth rate over the last 10 years and with new technologies emerging every day, it doesn’t look like hiring will slow down anytime soon! We asked a couple of our Engineering recruiting experts to share their thoughts on today’s market.

Jeff Paarlberg, Branch Manager – JSG Jacksonville

“Our region’s Engineering needs are in the energy/utility space, simply because that is what are clients specialize in. In that space specifically, we have seen heavy demand for positions directly related to utility infrastructure projects (transmission/substation/grid modernization). Most of these roles are common project needs with very specific industry experience, i.e. Project Managers, Schedulers, Estimators, EHS Specialist, etc. These needs are in various states, and many of these modernization projects are multi-year endeavors. So, not only does it provide stability in the marketplace for consultants, but it also provides continued hiring needs as the scope of projects progress from cradle to grave. We do not anticipate any slow down over the next 3 quarters of 2018. Demand for these project-specific skill sets continue to increase as grid modernization spreads across more remote locations where the local talent pool is not as deep.”

Jim Halvorson, Branch Manager – JSG Chicago

“In the greater Chicago land area, JSG provides engineering staffing services for primarily the corporate manufacturing, engineering services, and construction industries.  In 2018, JSG has seen a high demand for engineering talent in all 3 market segments. This goes for both contract and direct hire openings.  The most recent employment statistics released by the Bureau of Labor Statistics for April only reinforces this hiring trend, since 3 out of the top 5 industries that experienced job growth include engineering, manufacturing and construction-related roles.  In the greater Chicago area, some of the more in-demand job openings that we recruit for include: Civil/Structural Engineers, Mechanical or Electrical Design Engineers, Machine Design, Controls Engineers and Project Engineers with specific construction/building systems backgrounds.  In the current economic environment, it is important for companies to be prepared to act quickly on engineering talent that meets their hiring criteria.  If not, there is a strong chance they will compete with multiple offers. This risks losing that candidate to another opportunity.  The high demand for engineers does not seem to be slowing down any time soon.”

What the Future of Coal Means for the Future of Industry Jobs

What the Future of Coal Means for the Future of Industry Jobs, Johnson Search Group, people, hire, inspire, reach, coal, mining, administration, industrial, jobs, job market

Coal has been around forever. It can be traced as far back as the cavemen – who used it for various reasons. Ever since the Industrial Revolution, coal use has skyrocketed in modern civilization, and since 1970, coal production has increased by more than 70 percent.

We hear it in the news all the time. Coal is becoming a huge topic as environmental activists exploit coal’s negative impact on the earth. Typically, each side of the political spectrum falls on either a pro-coal axis or an anti-coal axis, and each create policies to appeal to their side.

With today’s political spectrum, it seems as if jobs in coal should increase. However, there is major opposition to an expansion of coal, and subsequently its jobs. With everything happening in the political world, let’s see what the future of coal has on industry jobs.

There are coal jobs on the horizon, and the current administration wants to grab them and reel them in. After all, the previous administration did cut industry jobs by about 36,000, which came as a huge shock to many. As first reported by CNN, there were 400 jobs created in coal in the month of May. This may not seem like a whole bunch, but after thousands of jobs were cut, any amount of creation is received with open arms. There have been promises for months about new jobs in coal, and it seems as if those promises are being kept. All 36,000 lost jobs won’t magically appear overnight, but give it time and it seems that jobs in the industry will increase.

Not all people believe that jobs will increase, but anything besides more job cuts will be welcomed by the industry. As one coal miner states, “I really don’t think that there’s going to be that many more jobs created, but I do think it’ll stabilize.” This comes as a sign of hope for many currently working in the industry. With cuts first starting in 2011, the job security has now been welcomed by those currently employed in the industry. Those who have been worrying about their jobs being lost over the past six years can now stop stressing out over something they cannot control.

Just like in every other situation, there are those who believe that industry jobs will continue to decrease. In an article from the New York Times, it is clear that many researchers believe that the increased use of natural and renewable resources will continue the decrease in use of coal. As a researcher from Columbia University states, “…in order to stay competitive, coal will have to increase automation.”

The future of coal and jobs in the industry is still up in the air. However, one thing is certain: the outlook on industry jobs is looking brighter now than it has been for the past six years.

Dodd Frank out, Financial Choice Act in. What it Could Mean for Jobs

Dodd Frank out, Financial Choice Act in. What it Could Mean for Jobs

Dodd Frank has been affecting banks and financial institutions for years with increased regulations and more strict compliance laws. As of recently, these organization are starting to see a light at the end of the tunnel. With changes on the horizon, of course industry jobs will be affected. Let’s dive into the newly proposed financial act and how it will affect jobs throughout the banking and financial landscape.

According to CNBC, Dodd Frank is “a law that places major regulations on the financial industry. It grew out of the Great Recession with the intention of preventing another collapse of a major financial institution.” It ultimately protects the consumer while putting many small businesses and banks at a disadvantage. Obviously, this piece of legislation is good for some and bad for others.

There has been a lot of buzz surrounding Dodd Frank over the last few months because Congress has now voted to repeal and replace it with a piece of legislation that counters it. This piece is officially named the Financial Choice Act (FCA), and it is rolling full steam ahead. It passed in the House, and is now being revised in the Senate. If it passes there, this new piece of legislation will become law, officially dismantling Dodd Frank. Let’s take a deeper look into what this would mean for jobs.

Much of Dodd Frank is aimed at limiting small banks’ ability to conduct their business as usual. It also puts a preference on bigger banks by providing bailouts for them directly from the government. They deem some banks “too big to fail,” which, according to the new FCA, doesn’t hold big banks reliable. The FCA aims at giving more financial freedom to small banks, which will increase the flow of the economy. The FCA also aims at holding big banks accountable for what they do, and eliminates government bailouts on wall street. Many claim that the FCA is “about helping Main Street, not Wall Street.” With freedom back in the small banks’ hands, policy makers believe that the economy can grow even more for years to come.

This would mean that banks now have the freedom to do what they want with their assets, which means they can expand and create more jobs. However, as this occurs, there is an increasing amount of risk that comes with expansion. If this risk pays off, the economy will be better than ever. But if it doesn’t, then many economists believe we could head into another recession similar to the one that sparked Dodd Frank in the beginning.

A main part of the new legislation aims to end the restriction on the creation of new small banks. This restriction put in place by Dodd Frank has hurt the expansion of many small businesses. Job Creators Network explains, “Since [Dodd Frank’s] passage, new bank creation has essentially stopped. Given that small banks make two-thirds of the country’s small business loans, this has had a disproportionate impact on small businesses’ ability to access credit to expand and hire.” By repealing and replacing Dodd Frank, small businesses will now be able to get more loans from the increasing number of small banks. This will ultimately lead to more jobs not only in the banking and finance sector, but also in many small businesses across the nation.

Across the board, many policy makers and economists are predicting a large increase in jobs in the financial sector if the Financial Choice Act were to become law. Speaker of the House, Paul Ryan, explains that the FCA is “a jobs bill.” As this bill gains momentum and more analysis is conducted, it is clear that the future is bright for jobs in the finance and banking industry.

Healthcare Changes On The Horizon That Could Affect Industry Jobs

HEALTHCARE CHANGES ON THE HORIZON THAT COULD AFFECT INDUSTRY JOBS

Due to recent changes in administration, there are bound to be some changes in the healthcare industry that could affect the job landscape. Some negative, some positive, and some neutral, all we know is that change is afoot and the results remain to be seen.

The largest and most prominent catalyst for change is the replacement of the seven-year-old health care law, the “Affordable Care Act” or ACA. The new legislation that is being proposed to replace the ACA is officially called the “American Health Care Act” or AHCA.

One change that will most likely influence healthcare jobs if the AHCA became law is the elimination of the personal mandate. Previously, the Affordable Care Act made it necessary to have health insurance. Under the proposed American Health Care Act this mandate will disappear, making health insurance optional. This means, obviously, that the amount of people who lack insurance will increase, leading to a lack of demand for healthcare professionals. With a forecasted estimate of 24 million people being uninsured within the next few years, it is almost inevitable that jobs within the industry may decrease.

The AHCA is also calling for a change in the way that pre-existing coverage is determined. Under the proposed legislation, states (instead of the Federal Government) will be deciding what qualifies as a pre-existing condition. This could lead to a few different things. The most important being a possibility of changing the allocation of resources. Because states would be determining what qualifies as a pre-existing condition, jobs may be cut in certain areas, and created in others. This could lead to a huge relocation for some healthcare professionals, which may benefit some people, but not all.

Lastly, one change that will make a positive impact on the healthcare job market is the new state pool that will be provided by states who opt for it. The Patient and State Stability fund does just that – provides stability. It provides stability for insurers with expensive patients. This also allows patients who do not have coverage to fall back on this high-risk pool so that they can be treated. What does this mean for healthcare jobs? It means that certain parts of the industry, such as ERs across the nation, will be receiving more patients who rely on this high-risk pool. This will see a steady increase in demand for workers in these places, which will turn into more jobs in the industry.

There is no saying whether these changes I have mentioned will actually happen. As of right now, the American Health Care Act is just a piece of legislation that is on its way to the Senate to get edited, revised, and (maybe) passed. Until then, these are just speculations of what could likely happen to the healthcare industry job market. One thing is for certain though. As the New York Times put it, “While the government reported Friday that unemployment was at its lowest point on more than a decade, the health care industry has been an engine for much of that hiring, adding jobs at more than three times the rate of the rest of the economy since 2007.” The healthcare industry continues to thrive in America, and as long as patients need care, they will continue to thrive for years to come.