It's a buyer's market for job seekers as 81,000 left manufacturing from Aug. 2020 through Aug. 2021. Manufacturers are climbing over each other to poach workers to meet increases in production. CPGs at PMMI's recent Top to Top Summit were nearly unanimous in pinpointing the labor shortage caused by employees not returning to work after COVID-induced shutdowns as a critical challenge. Furthermore, turnover of staff who have returned is high. While quit rates in manufacturing are lower than in certain poorly paid service sectors, the number of people leaving manufacturing jobs accelerated from 1.9% of the workforce in Aug. 2020 to 2.5% in August 2021-a loss of over 80,000 workers in an industry that was already in crisis mode before the pandemic.
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