High Paying Jobs: More than 1 million positions are vacant in America, people do not want to work even for a salary of Rs 1 crore..
High-Paying Jobs: The shortage of skilled workers has become a serious crisis in India and many developed countries around the world. This crisis is so severe that companies are willing to pay annual salaries of up to ₹1 crore ($120,000) for blue-collar jobs like plumbers, welders, electricians, and auto mechanics, yet qualified candidates are still unavailable. While millions of young people are seeking employment, basic industrial and infrastructure needs remain unmet.
In the US, major automobile manufacturers like Ford are struggling to fill skilled mechanic positions even with attractive packages of $120,000. This salary is nearly double the US average. In India, the demand for skilled tradespeople is growing rapidly both domestically and globally, but the supply chain is broken. Experts warn that if this shortage is not addressed soon, it will negatively impact public infrastructure, supply chains, and the country's overall economic quality.
America is grappling with a skills shortage.
Modern machinery, electric vehicles, and high-efficiency systems demand technicians who possess traditional knowledge as well as standard technical skills. Despite being skilled labor, these jobs are considered socially inferior. Decades of underinvestment in vocational education and apprenticeship programs have exacerbated this crisis. While IT professionals are highly respected, these high-skilled trades, considered the backbone of industry, are neglected.
The situation is also dire in India.
According to a survey in India, nearly 80% of people believe that positions like plumber, welder, electrician, and mechanic carry a negative social stigma. Most parents want their children to have white-collar jobs or at least a four-year degree. In these families, skilled jobs like welder or electrician are discouraged. Even wage increases have not been enough to change this deeply ingrained social perception. This has led to a decline in the number of skilled workers in the country.
Gap in Training and Quality
The trade-based education and apprenticeship system is in shambles. Becoming a highly skilled technician requires years of training and practical experience, but the country lacks business schools to offer these skills. The employment rate of ITI-qualified candidates in specialized sectors like electronics in India is only 40 percent, reflecting a lack of quality training. The industry's need for high-level expertise is currently unmet.
Global Opportunities
In developed countries like the United States, there is a huge demand for skilled workers like plumbers and mechanics due to the increasing aging population. Attractive salary packages and immigration opportunities for Indian skilled workers in the Gulf countries, Germany, and Canada are driving many highly skilled Indian professionals to migrate abroad. This is also a major reason for the talent shortage in the domestic market. Changes in US visa regulations are now making Indian skilled workers hesitant to move to that country.
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