Emerson CEO on Wages, Manufacturing and Immigration

Emerson CEO on Wages, Manufacturing and Immigration

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses the current state of employment in manufacturing, highlighting rising wages and the challenge of finding qualified employees. It emphasizes the need for higher technical skills due to increased automation. A hybrid approach involving government and private sector collaboration is suggested for workforce training. Economic growth is seen as a positive factor for absorbing wage increases, while capital investment and immigration are crucial for future workforce needs.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do tax reforms influence capital investment in manufacturing?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of immigration policies on the manufacturing workforce?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies can companies implement to attract and retain skilled workers?

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