The Josh Bersin Company
U.S. Tariffs Force CHROs to Rethink Talent Strategy—Are You Ready?
Mar 27, 2025
Explore how U.S. tariffs are reshaping talent strategies within the manufacturing sector. Discover the challenges companies face in hiring skilled workers against a backdrop of low unemployment. Learn about the critical factors in deciding manufacturing locations, such as wage levels and cultural fit. Data analytics emerges as a key tool in navigating these complex decisions. Tune in for insights that blend economic shifts with workforce considerations.
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Quick takeaways
- The impact of U.S. tariffs on manufacturing necessitates a strategic rethink of talent sourcing and skills development.
- Retaining and retraining existing employees can provide a more effective solution to talent shortages in the evolving manufacturing landscape.
Deep dives
Impact of Tariffs on Manufacturing Job Market
The recent tariffs aim to stimulate the U.S. manufacturing sector by encouraging companies to relocate production within the country. With manufacturing jobs consisting of semi-technical roles that require specialized skills, the low unemployment rate poses a challenge for companies looking to fill these positions. Many industries, particularly semiconductors and construction, face a talent shortage as the workforce skilled in building and operating manufacturing plants is already engaged. Companies must navigate a complex talent intelligence landscape to determine optimal locations and workforce strategies while addressing sourcing challenges.
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