More than one in 10 advertised jobs in the U.S. are now in the engineering sector, and salaries are 72% more than the average.
, /PRNewswire/ — Businesses across the U.S., especially those in the manufacturing sector, are facing a long-term battle to recruit engineering talent as demand continues to far exceed supply.
According to a new report by RS, a global provider of product and service solutions for industrial customers, this talent deficit could stunt the growth of key industries, costing the U.S. economy trillions of dollars in the next decade.
Their research identified that there are currently 5.38 million people working in the U.S. engineering sector, and the number of employees has been growing by around 3.5% year-on-year.
Despite this rising workforce, nearly a million (966,000) engineering roles were advertised across the country in August.
This equates to around 13% of all available, advertised roles (7.7 million) across the U.S., placing engineering amongst the top ten …