Skilled labor shortages continue to impact the metal fabrication sector
After speaking with some mid-size business owners in the metal industry it appears there is a shortage of skilled labors such as welders, CNC machinists and tool & die makers. These clients are performing metal machining, stamping and value-added fabrication processes to a wide variety of ferrous and non-ferrous metals such as steel, aluminum, titanium, stainless and nickel alloys. As the unemployment rates hit record lows and retirement of many skilled labors these owners aren’t sure of where to turn to find employees to machine and manufacture products for their customers. A recent study indicates that more than 90% of welder, CNC machinists and tool & die markers are currently employed which is why it is becoming harder to find individuals with these skill sets.
Some companies are starting to experience some success with apprenticeship programs but these can take 3 years to complete and recognize the success and benefits of the training. The typical starting pay for individuals graduating apprentice programs are around $50,000 per year. There is a nice advantage for someone forgoing the traditional college education and taking on an apprenticeship with little or no debt when starting a career.
CDP Solutions works around the US in the metal industry and can help support your staffing needs.