Ford Warns of Growing US Skilled Trades Shortage
Ford CEO Jim Farley warned that the United States faces a severe skilled trades shortage threatening productivity. Speaking at the Accelerate forum, he noted that training programs only supply 55 workers for every 100 needed.
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FORD MOTOR CO CEO Jim Farley warned on Tuesday afternoon that the United States faces a shortfall of 1.7 million skilled trades workers annually over the next decade. Training programs graduate only 55 workers for every 100 needed, creating a severe labor constraint.
