Impact of the Technician Shortage on the U.S. Economy

This report reexamines a 2019 report published by The College of William and Mary about the impact the workforce crisis has on the United States economy. Like many industries, the equipment industry is dealing with a worker shortage. Nowhere is this more apparent than in the area of equipment technicians. A majority of equipment dealers have shared for some time that it is difficult to recruit for these essential positions and that it feels like the pool is shrinking not growing. This shortage impacts dealers, manufacturers, and customers alike.

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