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March 11, 2008 3:41 PM

Hey, Young People: Change The World ... Through Manufacturing?

(CBS)
Cynthia Bowers is a CBS News correspondent based in Chicago.
If you’re like me, you’ll be shocked to hear that there are thousands of high-paying jobs out there – and no one qualified to fill them. Even more surprising: They are in the manufacturing sector! America’s manufacturers are screaming to anyone who will listen that their obituary was written too soon.

While it’s true nearly 5 million manufacturing jobs have been lost over the past three decades – nearly 3 million just since 2001 – the economic devastation caused by those jobs losses is huge; at the same time the higher paying high skill manufacturing sector has grown 37 percent. Seven million of these workers are nearing retirement, and amazingly, 90 percent of America’s manufacturers say they are short qualified workers.

How can this be?

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cynthia bowers ,
manufacturing ,
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