Conexiom, an automation technology company, announced the results of its 2022 State of Hiring and the (Future) State of Manufacturing and Distribution survey.
The report assessed both the manufacturing and distribution industries with special attention given to Generation Z’s options about opportunities, the lingering effects of the COVID-19 pandemic, the Great Resignation and the potential impact of a recession.
The study found that:
- 47% of manufacturing and distribution decision-makers with current hiring challenges believe their companies will invest in technology to improve hiring.
- Among respondents without hiring challenges, 18% plan to streamline operations, while 15% plan to invest in technology to allow them to reduce headcount.
- 70% of Gen Z respondents said technology strongly influenced their desire to pursue a career in a particular industry, while 25% said technology had a moderate influence.
- 80% of manufacturing and distribution decision-makers said they are worried about hiring over the next five years.
- 49% of respondents said they are finding it increasingly difficult to fill open positions.
- 93% of manufacturing leaders feel positive about Gen Z entering the workforce. Only 62% of distribution leaders share these feelings.
“Our survey’s results are shining a light on what the manufacturing and distribution sectors need to do to attract Gen Z talent to fill in the predicted upcoming hiring gap. Our findings show Gen Z is afraid of the looming recession, yet the numbers also show they are ready to look for work and even take on a level of risk in order to be fulfilled,” said Ray Grady, CEO of Conexiom.