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A shortage of trained mechanics means auto owners will pay more for repairs. (Ford photo) |
Moving the manufacturing of any product back to the U.S. is an expensive and iffy gamble that can
take years to bring into fruition. For many companies, the idea of reshoring labor-intensive industries isn't even on the table because the nation doesn't have enough skilled trade workers to staff factory floors.
Ford Motor CEO Jim Farley "pointed out on a podcast last week that he can’t find enough skilled mechanics to run his auto plants. Specifically, Ford can’t fill 5,000 mechanic jobs that pay $120,000 a year,"
writes The Wall Street Journal editorial board.
“We are in trouble in our country. We are not talking about this enough,” Farley told Monica Langley of the "Office Hours" podcast. "We have over a million openings in critical jobs, emergency services, trucking, factory workers, plumbers, electricians and tradesmen.”
For decades, American youth have been influenced to attend college rather than trade schools through government-sponsored financial support and cultural influences that push college degrees as a prerequisite for success, even when a trade profession might be a better fit. "This has created a skills mismatch in the labor market," the board adds. "Unemployment among young college grads is increasing, while employers struggle to hire skilled manufacturing workers, technicians and contractors."
When graduate numbers are compared, the extreme shortage of skilled workers becomes clear. "Only 114,000 Americans in their 20s completed vocational programs during the first 10 months of last year, compared to 1.24 million who graduated from four-year colleges and 405,000 who received advanced degrees," the board writes.
A lack of skilled workers eventually costs consumers more money. "An American whose F-150 truck breaks down will still have to pay more at the repair shop owing to the mechanic shortage," the board explains. "Steering every high school student toward college is doing tangible harm to the labor market — and the young."