Growth in apparel manufacture increases demand for skilled labor in Far East
| Apparel sector growth ups demand for skilled labour | ||
| February 16, 2011 (Asia) | ||
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Global textile and apparel industry is predicted by analysts to grow and reach 805 billion USD by 2015. Apparel sector is expected to grow even faster than textiles, and holds a promise of creating an additional 12 million jobs by 2012. There is urgency for increased manpower. It is more important that the industry requires skilled workforce. But unfortunately, the industry is suffering from malnutrition of both. Very less workers are available for garment industries, as more and more people are moving towards other sectors. Companies are finding it difficult to hire new employees. The workforce existing in the industry currently is also lacking adequate skill sets. Pressure of the garment industries such as short lead times, and more focus on productivity does not attract the semi-skilled workers any longer. The already existing issues related to labor such as disputes in wage structure has added fuel to the problem. Attractive wages available in alternative professions are also worsening the issue. A good proportion of skilled women are not participating in the workforce. High turnover rates and steep wage inflation are eroding the competitiveness of the industry. Global labor scarcity proves the corollary that in the long run there would be no free lunch.
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