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Industry Reports: Manufacturing
Industry Reports: Manufacturing

Over the past two years alone, the share of manufacturing employees over the age of 55 has dropped from 26% to 21%, and the 25-34 age group has emerged as the largest age demographic. After a steady period of employment growth from 2014-2017 of about 1.7% each year, growth slowed to an average of 1% in 2018 and 2019. Sector unemployment sits at approximately 3.4%, or about 8,000 workers, with 5,541 manufacturing job vacancies (DEED JVS). With 104,529 openings to be filled by the second quarter of 2024, the region needs strategic talent attraction, development, and retention approaches.

Posted: February 16, 2020