A new high-tech jobs prediction
A new white paper from Jones Lang LaSalle (JLL) predicts a slow and steady increase in the number of high-tech manufacturing jobs in the United States. Why? Offshoring isn’t as cheap as it used to be:
For example, wages of around 60 cents an hour during the height of the technological migration to Asia have risen to as high as $6 per hour in China's eastern manufacturing centers, according to JLL. Increasing oil prices also play a role.
Second, as tech companies see increasing global competition, they need to protect their intellectual capital in new product manufacturing, and keeping production of new products within the United States makes it easier.
Third, keeping operations in close proximity to executives, designers, and engineers helps the product launch teams stay on task and during critical early-stage production.
Fourth, tech companies with U.S. locations are better equipped to quickly address end-user needs.
Finally, companies are more likely to find the workers with the technical skills necessary to operate complex systems in today's highly automated manufacturing facilities.
Couldn’t have said it better ourselves.
Hey, a slow and steady increase is better than nothing. We've been tracking America's progress toward the 1 million new manufacturing jobs President Obama promised by the end of his second term with our #AAMeter (tune in this Friday morning for an #AAMeter update!), and unfortunately that progress has been sluggish. If only we could get a certain administration to put some real muscle behind a national manufacturing strategy, maybe we could turn JLL’s predicted high-tech jobs trickle into a legitimate jobs flood …
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