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CNN Money Highlights ADP Research Institute Data

CNN Money Highlights ADP Research Institute Data

CNN Money recently quoted Ahu Yildirmaz, vice president and head of the ADP Research Institute, in an article titled “U.S. manufacturing job openings at 2007 levels.” Ahu discusses a shift we are seeing in the types of jobs currently available in the manufacturing industry and features data from the Q3 2016 Workforce Vitality Report.

In a recent interview Ahu stated: “When we look at our data we see that proportionally more firms are paying on average higher hourly wages. This reflects the overall wage increase in manufacturing, however, it also implies more firms have high skilled, high wage jobs. For example, in 2008, 50% of firms paying more than $25 per hour on average. Today, that number increased to 70%.”

With increases in automation, the manufacturing industry has a high demand for high-skill, high wage jobs. This shift also highlights a need for increased training to ensure workers have the skills to fill the openings in the sector.

Think this is interesting? Learn more data-driven insights about today’s workforce from the ADP Research Institute here.

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