2022 Trends For Skilled Labor (Part 2) - FULL EPISODE
Channel: Skillwork
Date: 2021-12-13

What industry trends do you have your eye on for 2022? 👀 

We’re expecting to see similar trends from the past two years in 2022, but many of them will accelerate significantly in the coming months. It’s critical to be prepared as a business leader or skilled worker so you can meet the challenge head-on 💪🏽

In our last episode, Tim and Brett talked about the first four trends businesses and skilled workers need to be watching as we go into 2022. 📈 

In this episode, they discuss the other four trends to look out for in the coming year:

⚙️ The Fourth Industrial Revolution
⚙️ Rising costs of raw materials and inflation
⚙️ Supply chain backlog
⚙️ Infrastructure bill pressures

If you’re a business owner or skilled worker, this episode is for you. If you missed the first episode of the series, “2022 Trends for Skilled Labor”, check that out first 👍🏼

You’ll learn not only the trends you need be on the lookout for, but how you can make the challenges into opportunities. 

Main Takeaways:
🛠 Automation’s benefits also present a skilled worker problem
🛠 Ways to upskill your current workers to position them for the future
🛠 Inflation’s effect on wages and cost of raw materials 
🛠 Supply chain backlog and worker shortage are creating a strain on supply and demand
🛠 New infrastructure bill created new challenges and opportunities

Timecodes:
⏰ 00:00-06:51 | Impacts of the Fourth Industrial Revolution on American industries
⏰ 06:51-13:29 | The increased need to upskill skilled workers
⏰ 13:29-19:50 | Inflation impacting the cost of goods and raw materials
⏰ 19:50-28:40 | Supply chain backlog affects skilled workers
⏰ 28:40-35:31 | New infrastructure bill will impact supply and demand pressures
⏰ 35:31-38:49 | Eight trends to watch going into 2022


Quotes:
💬 “Greater technology drives higher skills, higher wages, and fewer candidates out there—so in solving one problem you've introduced another one.” - Tim Raglin
💬 “We're going to have to spend millions of dollars on automation, but if we can't find the automation technicians and the skilled guys to keep this equipment running, it's going to be a big problem.” - Brett Elliott
💬 “Upskilling is taking somebody who's an electrician, and take those basic skills that they understand and train them to a higher level.” - Tim Raglin
💬 “For the business owner, the person who's out there trying to keep staff up and running—you need to be looking for opportunities to upskill your current employees that have aptitude.” - Tim Raglin
💬 “Upskilling is crucial—it's going to be crucial to meet the demand of this automated world we're living in.” - Tim Raglin
💬 “Inflation and costs are going to absolutely exacerbate your skilled trade issue because you're going to have to pay higher wages to keep those people.” - Tim Raglin
💬 “We thrive on challenges. Every challenge brings an opportunity.” - Tim Raglin
💬 “As leaders, we don't shy away from challenges and we don't ignore them—we take them on and we look for them to be opportunities.” - Tim Raglin
💬 “Let your competitors sit in the corner and whimper. You’ve got to figure out how you are going to be successful in this environment and the opportunity is going to be off the charts if you can find the talent.” - Brett Elliott
💬 “Getting creative includes non-traditional ways of hiring and adding staff, which a company like Skillwork can help you do.” - Tim Raglin
💬 “If there's anything that we see in these 2022 trends is that the pressure to find the skilled talent is just going to increase.” - Brett Elliott

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- Skillwork’s website: https://bit.ly/3CxRe3H 
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