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A Guide to Convince Youth to Pursue Manufacturing Jobs [PART 1]

Posted by Bert Maes on May 27, 2011

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PART 1: Understand the manufacturing facts

  • The countries that enjoy a strong manufacturing base have a healthier financial situation. Loss of industry makes a country lose exports, lose income and lose standards of living for the citizens. Loss of manufacturing contributes to impoverishment.
  • Manufacturing makes a bigger contribution to exports than anything else. “It still contributes to 50% of all our exports,” says Sir Alan Rudge. “The only valid way to close the trade gap is something like 20% increase in manufacturing. Anything else is pure theory. Without manufacturing the economy would be a disaster. It is already weak and it would be much weaker.
  • The most powerful nations in the world are those that control the machinery that makes the goods. Jon Rynn shows that about 80% of the world’s production of factory machinery has been controlled by what we would consider the “Great Powers”. Until the 1950s, the US had produced about 50%; we now produce less than China’s 16%.
  • Machine tools and technological improvements in that machinery are the main drivers of economic growth. No machinery industries, no sustained, long-term economic growth. Machine tools lead to the explosive economic growth of the last two hundred years. A machine tool makes the metal components that not only go into other pieces of machinery, such as cars, but are used to produce yet more machine tools.
  • The modern factory is no longer a giant building filled with hundreds of interchangeable low-skill, low-wage full-time employees. With the right skills most manufacturing operations offer rewarding, creative career opportunities involving sophisticated equipment.
  • The problem of course is that manufacturing takes time to develop and change and be able to build up the markets. In financial services the actions can be taken a lot faster. Improving manufacturing output is clearly not a short term project.
  • Do you have any other important facts we should tell the youth of the nation?

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One Response to “A Guide to Convince Youth to Pursue Manufacturing Jobs [PART 1]”

  1. […] PART 1: Understand the manufacturing facts […]

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