More Job Security as Factory Work Requires More Technical Skills

(p. A3) A yearslong decline in the number of layoffs is providing a renewed level of job security to factory workers, who had seen their ranks thin since the late 1970s.
. . .
“We’ve become much more careful about letting people go,” said David Nicholson, chief executive of PVS Chemicals Inc., a Detroit manufacturer with 850 employees. “Most manufacturing jobs today are technology jobs. It takes a long time to train someone for that role, so you’re reluctant to let them go for what could be a short-term slowdown.”

For the full story, see:
Eric Morath. “Job Security Is a New Perk of Factory Employment.” The Wall Street Journals (Wednesday, July 11, 2018): A3.
(Notes: ellipsis added.)
(Note: the online version of the story has the date July 10, 2018, and has the title “Factory Workers’ New Perk: Job Security.”)

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