America is facing a skilled worker crisis, says Ford CEO Jim Farley. (Image Source: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Ford Motor Company is facing an acute shortage of skilled workers, its CEO, Jim Farley, has said. Speaking on the Office Hours: Business Edition podcast, he said the company currently has 5,000 open mechanic positions available, each offering a $1,20,000 salary, which is nearly double the median American wage.

“This isn’t just a Ford problem,” Fortune reported Ford as saying, underlining the larger challenge in the US labour market for jobs entailing training and hands-on skills. “We’re in trouble in our country. We’re not talking about this enough,” he said. “We have over a million openings in critical jobs: emergency services, tr

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