Ford CEO Addresses Auto Mechanic Shortage Despite $120K Salaries, Cites Education Gaps
By
mhb
The bagel they save for the regulars. Don't skim, savour.
Summary
Ford CEO Jim Farley expresses concern about the shortage of qualified auto mechanics despite offering $120,000 annual salaries. He attributes the problem to the decline of trade schools and inadequate math and reading skills among high school graduates. Farley notes that community college programs are often outdated, and Ford is investing $4 million in scholarships for auto technicians to address the skilled labor shortage.
Key quotes
· 4 pulledFord can't find auto mechanics -- for $120,000 a year
we don't have trade schools anymore
We are not investing in educating a next generation of people like my grandfather who had nothing, who built a middle class life and a future for his family
The community colleges, the career tech programs do a solid job in providing foundational training, but we often see that they're out of date
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