Wednesday, April 24, 2013

Manufacturing Jobs Coming Back To Indiana But Labor Is Not Ready

This past week's special report by The Economist highlights the reversal of outsourcing manufacturers bringing production back to the US from overseas. But as many Indianapolis area manufacturers already know, the local labor market is tapped out. The people necessary for advanced manufacturing, skilled trades, and modern logistics have been pursuing other careers. Not enough people locally are completing high school or enrolling at Ivy Tech or Vincennes in Machine Trades. And, the local area is flooded with people who either have a BS degree or who have pursued a BS degree in a field that really has no viable employment prospects. The result is advanced manufacturing jobs running high tech equipment, requiring some advanced math skills, are going unfilled. As The Economist points out, General Electric has, "returned production of fridge, washing machines and heaters from China back to Kentucky." That's Louisville, Kentucky's GE Appliance Park. ( Offshoring: Welcome Home ) The trend is boomeranging and outsourced jobs are now being put close to R&D facilities. Lenovo (China's Dell) is building at PC manufacturing plant in North Carolina near IBM R&D and HQ. But the manufacturing jobs coming back to the US are different from those 20 years ago. As The Economist articles point out, "lines of computer code and industrial robots have probably displaced as many or more call-centre operators and factory workers as cheap Asian hands have done." The economics and politics of outsourcing have shifted based upon several factors - 1) automation 2) rising labor costs in developing countries (wages are rising faster in China than anyone has predicted) and 3) rising cost of shipping. The Economist predicts by 2015 it will cost the same for an American firm to manufacture in America as in China. Outsourcing & Offshoring: Here, There, and Everywhere

7 comments:

  1. Quickbooks enterprise support Get Quickbooks Enterprise Support from certified Quickbooks Technical Team (+1 (833) 400-1001). We are available 24*7 for your service. Our Professional experts will resolve all issues of Quickbooks.(+1 (833) 400-1001)

    ReplyDelete


  2. Quickbooks enterprise support number Contact Quickbooks Enterprise Support Number to resolve any of your Quickbooks errors(+1 (833) 400-1001). Our Certified Quickbooks team is available 24*7. (+1 (833) 400-1001) to solve your Quickbooks issues.

    ReplyDelete

  3. Quickbooks enterprise support Phone number Solve your Quickbooks errors.Contact us and get 24*7 Quickbooks Enterprise support and get fixed Quickbooks errors by our certified Quickbooks Enterprise Support team. (+1 (833) 400-1001)

    ReplyDelete

  4. If you want to get information about the job notification, exam and interview dates, and Sarkari Result. you will get many websites of the Government of India. You can easily find out the result for any Government examination.
    mandi parishad sarkari result |
    vdo admit card sarkari result |
    up shiksha mitra result 2013 |
    bpsssc |
    shiksha mitra btc result |
    sbi po sarkari result |

    ReplyDelete

  5. If you want to get information about the job notification, exam and interview dates, and Sarkari Result. you will get many websites of the Government of India. You can easily find out the result for any Government examination.
    dfccil sarkari result |
    navy mr admit card 2019 sarkari result |
    rajasva nirikshak admit card |
    ssc chsl 2019 sarkari result |
    uppsc upper subordinate 2016 answer key |
    cpo sarkari result |
    shiksha mitra second semester exam result |
    kvs admit card sarkari result |
    sarkari result up iti |


    ReplyDelete