Unformatted text preview: because many students view these majors as being very difficult, so they opt to select a perceived easier major. Most of the past skilled workers are baby boomers that are beginning to retire. There are not nearly enough young people interested in manufacturing to replace the baby boomers. Many companies are resorting to asking Congress to issue visas that will assist them in hiring high-skilled foreigners. Apparently, the rise in manufacturing jobs in America stems from the increase in wages overseas, where a lot of these jobs were previously located. Companies are discovering that it may be cheaper to transport their outsourced jobs back to the U.S. . Some companies are embarking on training programs for young people. The long-term solution would be to structure education in a way that will teach young people these needed skills....
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This document was uploaded on 10/29/2011 for the course FIN 320 at Jackson State.
- Fall '11