[October 04, 2016] |
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Kronos Survey Finds Many Americans Know Very Little about the Manufacturing Industry
According to a recent survey commissioned by Kronos
Incorporated and conducted online by Harris Poll1, more
than 50 million Americans2 have limited to no knowledge about
the manufacturing industry, answering "I know nothing about it" in the
survey when asked about their perception of the manufacturing industry.
The survey also finds that when provided an up-to-date and accurate
portrayal3 of the manufacturing industry, 50 percent of
employed Americans3 said that they would be likely to pursue
a career in the manufacturing industry if they were just starting out.
The "Manufacturing Day: If You Knew Then What You Know Now" survey was
conducted Aug. 30 -Sept. 1, 2016 among 2,020 U.S. adults ages 18 and
older - 1,159 of those are employed - and 532 have student loan debt.
The survey explored Americans' knowledge and perception of the
manufacturing industry and their approach toward STEM (science,
technology, engineering, and math) education. The survey findings also
highlight the impact student loan debt has on Americans' current
approach toward STEM education and related manufacturing careers.
Kronos (News - Alert) will host an expert panel on Wednesday, Oct. 5 from 12:00-2:00
pm at the Cambridge Innovation Center, 50 Milk Street, Boston,
Mass. comprising of manufacturing industry and academic experts from BAE
Systems, General Electric, Jabil Circuit (News - Alert),
Massachusetts Institute of Technology, and Northeastern
University. Panelists will discuss implications of the survey
results; issues facing the industry today; as well as demonstrate the
value of a career in manufacturing to high school and college students
and others attending the session. To RSVP visit MFGDay.com.
Kronos is also a sponsor of MFG Day being held across North America on
Friday, Oct. 7.
Survey News Facts
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Americans today know very little about the manufacturing industry
and its opportunities:
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Only five percent of employed Americans work in the manufacturing
industry today and more than 50 million Americans (21 percent)
have limited to no knowledge of the industry.
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One in four (25 percent) Americans knows that there are
significant amounts of jobs and opportunities offered within the
manufacturing industry.
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Less than a quarter of Americans (23 percent) know that the
manufacturing industry offers well-paying jobs.
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Only 14 percent of Americans believe that the manufacturing
industry is a fast-growing industry.
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Americans' attitudes toward STEM education are as follows:
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Nearly seven out of 10 (69 percent) employed Americans wish they
were more knowledgeable about STEM subjects.
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Nearly nine out of 10 employed Americans (89%) believe careers
with a focus on STEM subjects have a promising future.
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However, nearly two thirds (65 percent) of employed Americans
state that STEM skills were not a focus for them when they chose
their career path.
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Paying off student debt is a big focus for Americans when choosing
career paths:
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Twenty-five percent of Americans have student loan debt and, among
them 44 percent have $50,000 or more in student loan debt.
-
Eighty percent of millennials (age 18-34) who have student loan
debt feel that their student loan debt is a burden.
-
More than three out of five (61 percent) millennials who have
student loan debt state that their loans could have been paid off
faster if they had chosen a different career path than their
current one.
-
Sixty-two percent of employed millennials would do something
differently knowing what they know now about their current career
path; among these, one in five (20 percent) would have chosen a
career more focused on STEM subjects.
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Americans want to work in an interesting and growing industry:
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Three out of five employed Americans (60 percent) are disappointed
with their current career path.
-
Among those who are disappointed, nearly one out of three (32
percent) say the reason is becuse they are not in a career that
they dreamed of having, while 30 percent feel that there is a lack
of opportunity in their career path, for example advancement
opportunities and the ability to expand on their skills.
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Among employed millennials who are disappointed, one out of five
(20 percent) say the reason is because they are not interested in
the industry.
Supporting Quote
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Kylene Zenk-Batsford, director, manufacturing practice group, Kronos
"Efforts
within the manufacturing industry in recent years to shift the
public's perception of the industry, especially those centered on
Manufacturing Day, have definitely had a positive impact. The survey
results, however, demonstrate that there is still a lot of opportunity
to drive awareness about manufacturing as a stable and growing
industry and the fantastic STEM-related careers it offers. Kronos will
continue to be a passionate advocate helping inspire and educate the
next generation manufacturing workforce through our sponsorship of MFG
Day and more."
Supporting Resources
Survey Methodology This survey was conducted online within
the U.S. by Harris Poll on behalf of Kronos from Aug.
30-Sept. 1, 2016 among 2,020 U.S. adults ages 18 and older, among whom
1,159 are employed and 532 have student loan debt. This online survey is
not based on a probability sample and therefore no estimate of
theoretical sampling error can be calculated. For complete survey
methodology, including weighting variables, please contact Indrani
Ray-Ghosal.
About Kronos Incorporated Kronos is a global provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations -
including half of the Fortune 1000® - and more than 40
million people in over 100 countries use Kronos every day. Visit www.kronos.com.
Kronos: Workforce Innovation That Works™.
About Harris Poll Over the last five decades, Harris Polls
have become media staples. With comprehensive experience and precise
technique in public opinion polling, along with a proven track record of
uncovering consumers' motivations and behaviors, The Harris Poll has
gained strong brand recognition around the world. The Harris Poll offers
a diverse portfolio of proprietary client solutions to transform
relevant insights into actionable foresight for a wide range of
industries including health care, technology, public affairs, energy,
telecommunications, financial services, insurance, media, retail,
restaurant, and consumer packaged goods. Contact
us for more information.
© 2016 Kronos Incorporated (no claim made as to The Harris Poll
survey). All rights reserved. Kronos and the Kronos logo are registered
trademarks and Workforce Innovation That Works is a trademark of Kronos
Incorporated or a related company. See a complete list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
Footnote 1: This survey was conducted online within the U.S. by Harris
Poll from Aug. 30-Sept. 1, 2016 among 2,020 U.S. adults ages 18 and
older, among whom 1,159 are employed and 532 have student loan debt.
Throughout this press release, "Americans" will be used to represent
unemployed, as well as full- and part-time workers weighted to the
online U.S. population and "employed Americans" will be used to
represent full-, part-time, and self-employed workers weighted to the
online U.S. population.
Footnote 2: Calculation based on the U.S.
Census website that estimates there are 321,418,820 people in the
U.S., with 22.9 percent being under the age of 18. The total population
multiplied by the percentage of people under 18 provides the number of
people in the U.S. over the age of 18. Therefore, 321,418,820 X .229 =
73,604,910: 321,418,820-73,604,910 = 247,813,910. This number,
representative of the over 18 population in the U.S was then multiplied
by the percentage of people who said they know nothing about the
manufacturing industry (21 percent): 247,813,910 X .21=52,040,921
million Americans.
Footnote 3: Respondents were provided with the following information
that came from a survey
commissioned by The Manufacturing Institute and Deloitte (News - Alert) that examined
the skills gap. "U.S. manufacturing industry is stable and growing, and
manufacturing in America continues to be a pillar of the economy.
According to the Bureau of Economic Analysis, in 2015, manufacturing
accounted for 12.1 percent of gross domestic product in the economy.
However, the industry is changing as baby boomers approach retirement
and a new workforce gets ready to take their place. Research done by
Deloitte & Manufacturing Institute shows that some 3.4 million
manufacturing job will need to be filled by the year 2025. And, that if
current hiring trends continue, roughly half of those jobs could remain
unfilled. In a nut shell, manufacturing in the U.S. is holding steady
and is an industry with plenty of future opportunities for those willing
to take them."
View source version on businesswire.com: http://www.businesswire.com/news/home/20161004005252/en/
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