Ford CEO Jim Farley raises alarm, says 'we're in trouble as a country'

In a recent interview, Ford CEO Jim Farley raised alarms about the U.S. workforce, emphasizing a critical shortage of skilled labor and the lack of trade schools. He noted that Ford has 5,000 open mechanic positions offering six-figure salaries, underscoring the urgent need for investment in vocational education. This concern mirrors broader industry challenges, as Farley has also learned valuable lessons from competitors like Tesla, highlighting the need for innovation and adaptation in the rapidly evolving automotive market. The intersection of these issues points to a significant workforce crisis that could impact the future of American manufacturing.