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Two Million Vacant Manufacturing Jobs by 2025…How Can We Tackle the Skills Gap?

GlobalTranz

Insufficient on-the-job training — Over the period from 2002 to 2013, investments in internal training programs such as apprenticeships, company classroom training, and other structured on-the-job skills development for current manufacturing employees were cut from 469,000 to 288,000 (nearly 40 percent). Annually, 3.2 - 3.5

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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

Since the 1990s, China has supplied the lion’s share of the world’s demand for REEs. China’s low prices have historically undercut global prices and pushed out foreign competitors –– such as the Mountain Pass mine in California, which closed in 2002. Worker at a rare earth mine in China (Photo: Reuters).