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An Update On Wage And Job Trends: Where Are We Headed?
Manage episode 442418529 series 3322723
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About the Guest:
Tim Mayle is the Executive Director of the Center to Advance Manufacturing. With a background in economic development and workforce training, Tim has been instrumental in leveraging local university resources to enhance manufacturing practices and workforce capabilities in northwest Ohio. His work entails collaborating with industry leaders, educational institutions, and community stakeholders to foster innovation and growth in the manufacturing sector.
Episode Summary:
Join Doug Jenkins from the Findlay Hancock County Chamber of Commerce in this episode of Chamber Amplified as he delves into the intricacies of the manufacturing industry with Tim Mayle, the Executive Director of the Center to Advance Manufacturing. The discussion focuses on wage growth, workforce evolution, and the impact of continuous improvement in manufacturing within northwest Ohio. You'll also gain insights on the training programs and resources available to help businesses adapt and thrive in the ever-evolving industrial landscape.
Tim discusses the recent trends in labor participation and wage growth in northwest Ohio, and explains the data analysis processes undertaken by his organization and how they assist economic development directors. Tim also touches on the manufacturing sector's current challenges, such as the need to balance operational costs with the imperative of upskilling employees to maintain competitive advantage and ensure safety.
Key Takeaways:
- Wage Growth and Labor Participation: Wages in northwest Ohio have seen growth, and labor force participation rates are crucial for understanding regional economic health.
- Continuous Improvement: A top skill sought in manufacturing, continuous improvement involves critical thinking to enhance processes, leading to better operational efficiencies.
- Impact of Automation: Automation is leading to more efficient and safer operations, creating demand for higher-skilled jobs, especially in PLC programming and maintenance.
- Workforce Training Programs: Programs like TechCred are essential for upskilling employees, ensuring they have the necessary competencies to operate advanced manufacturing systems.
- Collaboration and Resource Sharing: Companies in northwest Ohio are increasingly collaborating and sharing best practices to optimize training programs and workforce development.
Resources:
- Center to Advance Manufacturing on LinkedIn
- Center to Advance Manufacturing on Facebook
- Email: tmayle@bgsu.edu
Music and sound effects obtained from https://www.zapsplat.com
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