With today’s historically low unemployment, elevated labor attrition rates, and continually increasing manufacturing wages, many organizations have been forced to reassess how they run their businesses and invest in methods to optimize their operations. In September alone, ~340k U.S. manufacturing workers left their jobs (or ~3% of the 12.5mm total US work force), and US manufacturing wages are rising at the fastest pace since 1982, increasing 3.8% in 2021 and expected to increase another 6.9% in 2022 (preliminary).


Read the full report.