As baby boomers retire, there is a need for more workers in skilled trades like plumbing and welding. Gen Z-ers are increasingly enrolling in vocational programs and applying for trade jobs to fill the gaps left by the retiring workforce.
Key Points
Enrollment in vocational programs is rising while enrollment in four-year and community colleges is decreasing.
The trend of more young people opting for skilled trades over traditional college education is growing.
Companies are facing challenges in filling the gaps left by retiring workers in skilled trades.
Pros
Gen Z-ers are stepping up to fill the gaps in skilled trades as baby boomers retire.
Enrollment in vocational programs is increasing, providing opportunities for younger people to start their careers without the high cost of a traditional college degree.
Cons
There is still a labor shortage for technical jobs in various industries.