As companies brace for a flood of retirements, they anticipate a shortage of workers across the country.
A
growing demand for workers trained in science, technology,
engineering and mathematics (STEM) in the U.S. has companies looking
for alternative ways to secure their work forces.
Nearly
30 percent of industry workers are 50 to 59 years old. An
anticipated wave of retirements in those industries has companies
concerned about finding and retaining qualified workers in the
U.S.
Some businesses are taking measures to
increase their efforts by partnering with schools, calling
for higher national education
standards, and sponsoring more student competitions,
according to Reuters and
a special
report from Aviation
Week.
"It's
not so much that the source of supply is not there," said
the CEO of avionics maker Rockwell Collins Inc., Clay
Jones. "It's that the source of supply in the United States
may not be there."
Chief Executive of Raytheon Co,
William Swanson said that the shortage could pose a national security
danger because it can limit the ability of the United States to be
innovative and compete on the world stage.
"If we can
work on retention and we can work on the excitement of STEM or
engineering, then we can change the equation," said
Swanson.
And while many engineering jobs in these fields are
only open to U.S. citizens because of security requirements, some
aerospace and defense companies say they will recruit more workers
from outside of the states recruiting in STEM-strong countries
like China and India if
necessary.
"I have a lot of positions, but a lot of times
I may not be able to fill them because I don't have U.S. citizens,"
said Executive Director of Career Services at Embry-Riddle
Aeronautical University, Lisa Kollar.
According
to the Aviation
Week
report, five percent of U.S. bachelor's degrees are in engineering,
compared with 20 percent in Asia.
The report found that, 19
percent of employees among companies with more than 100,000 workers
are now at retirement age. That figure is expected to jump to more
than 30 percent in 2012 and nearly 40 percent by 2014.
"It's okay. The scenarios aren't that clear. But it's good looking. [Steve Jobs] does good design, and [the iPad] is absolutely a good example of that." -- Bill Gates on the Apple iPad
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