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Study: Energy Industry Struggles with Labor Shortage

The San Antonio Business Journal reports that “the energy industry in the United States is facing a skilled labor shortage that risks billions of dollars in energy company investments and new technologies, according to a new study by Manpower Inc.”  

“The average age of today’s utility worker is 46, with 60 percent planning to retire in the next 10 years. At the same time, the demand for energy-related jobs is increasing every day.”  

“Yet 58 percent of energy executives say their company struggles to find the talent it needs, with nearly 75 percent saying the ability to attract quality candidates will only get worse in the next five years. An aging workforce without adequate new talent/skills coming in is one of the largest threats facing the energy sector today, the report states.”