Compose a 500 words assignment on labor pool challenges. Needs to be plagiarism free!

Posted: December 30th, 2021

Compose a 500 words assignment on labor pool challenges. Needs to be plagiarism free! Insufficient Skilled Labor in the Automobile Industry s Skilled Labor in the Automobile Industry
There are various labor challenges that different industries face. The automobile industry is faced with a shortage of skilled labor. There is an insufficient supply of people with the required skills for the available jobs. In the recent years, America has experienced a marked increase in the educational level of its workforce. Consequently, the nation has experienced significant economic growth. The depth and breadth of the labor pool have been expanded by the huge increases in the number of people with a college education. However, the recent advancements in technology has made players in the automobile sector to use new production techniques in order to remain competitive in the global market. For example, in the 21st century, 60% of new jobs require one to have at least post-secondary education. Contrarily, an estimated one third of America’s workforce has attained this level of education (Lebergott, 2014). The continuous process of innovation as well as technological changes has resulted in the motor vehicle industry related jobs demand even higher skill levels.

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