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McKinsey Talks Talent

Workers wanted: How to fill the skilled-trade shortage

May 31, 2024
Brooke Weddle and Bryan Hancock share insights on addressing the shortage of skilled trade workers. They discuss the need for vocational schools, challenges in talent supply, high turnover rates, and the importance of ecosystem collaboration to attract and retain workers. They also explore the misconceptions around skilled trades and strategies for recruitment and training programs.
25:07

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Quick takeaways

  • Shortage of skilled trades workers threatens economic progress and national defense
  • Challenges in retaining skilled workers include lack of career advancement and mismatched job expectations

Deep dives

Shortage of Skilled Trades Workers in the US

There is a long-standing shortage of skilled trades workers in the US leading to an urgent need to address this issue. The lack of skilled laborers poses a threat to economic progress, infrastructure development, and national defense. While job opportunities in skilled trades are available, there is a struggle to attract and retain enough workers in these critical roles.

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