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Wednesday, August 09, 2017

Factory workers to retire
Twenty-five percent of factory workers in Tennessee will retire in the next ten years and manufacturers are concerned about getting enough qualified workers for the future because of increasingly technology-based factories. That is a concern despite the fact that an average manufacturing wage in the state is $66,000. Manufacturers surveyed by the Tennessee Manufacturers Association say workforce challenges are their biggest concern, more than concerns over regulations, taxes and roads. Denise Rice, director of the Tennessee Manufacturers Association (TMA) says factory operators are generally optimistic about Tennessee's economy but increasingly worried about filling jobs as the labor market tightens and skill demand increases. "The one thing that I hear that is consistent everywhere is the concern over the skills gap and the challenge of getting a qualified workforce. I think this problem is at an all-time high and this is not a short-term problem. We're going to be looking at workforce problems for the next five to 10 years at least as Baby Boomers retire from manufacturing and our state continues to grow its manufacturing output,"she says. As the most experienced workers are leaving the labor market, the skill demands for manufacturing will become greater, requiring certifications or advanced training for most jobs. After decades of decline, manufacturing employment has risen fairly steadily over the past seven years as the economy has regained its footing and Tennessee has attracted record levels of direct foreign investment back into the United States. According to IBM Global Location Trends, Tennessee has led the nation in two of the last three years, in foreign direct investment, much of it in manufacturing. The pace of that growth will be tempered, however, by automation and technology that boosts labor productivity and limits the amount of labor required to produce more goods.

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Saturday, March 17, 2018

  • Dowell arrest
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    Friday, March 16, 2018

  • Jobless numbers
  • Chestnut tree giveaway
  • TVA campgrounds are open
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  • Early voting coming up

    Thursday, March 15, 2018

  • Cocke County High "Walk-In"
  • Work for TennCare
  • Tennessee tax burden
  • Food for Peace program revanp
  • Great American Cleanup events

    Wednesday, March 14, 2018

  • Chuck Mason arrest
  • Cate case
  • Newport contributes to the Friends animal shelter
  • Broadway infrastructure project
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    Tuesday, March 13, 2018

  • SRO discussions
  • Medical marijuana on CLB agenda
  • Pending legislation to hold down healthcare costs
  • Goodwin being sought on AWOL charges
  • Fraud alert

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