Auto industry poised for big hiring spree

USA TODAY: The auto industry is about to go on a hiring spree as car makers and parts suppliers race to find engineers, technicians and factory workers to build the next generation of vehicles.

The new employees will be part of a larger, busier workforce. From coast to coast, the industry is in top gear. Factories are operating at about 95% of capacity, and many are already running three shifts. As a result, some auto and parts companies are doing something they’ve been reluctant to consider since the recession: Adding floor space and spending millions of dollars on new equipment…

Most new hires will start around $16 per hour, a little over half the pay that longtime workers get. The lower wage was a concession made by the United Auto Workers union to cut costs as the companies ran into financial trouble six years ago. New hires receive health care but get 401K plans instead of pensions, and they don’t get health care in retirement like longtime workers do. Still, their wages are better than most other factory workers, who make $13 to $14 per hour in the U.S… (more)

EDITOR: What the article doesn’t say is there has been a lot more robots introduce in recent years, thus reducing the number of employees required.

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