Ford CEO Jim Farley Reiterates Labor Shortage, Says He Has '5,000 Openings,' Six-Figure Salary For Skilled Technicians

Benzinga

Ford CEO Jim Farley warned the U.S. faces a critical shortage of skilled technicians, with more than a million essential jobs unfilled nationwide. He said Ford alone has 5,000 open technician roles paying roughly $120,000 a year and called the shortage a national self-defense issue.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Ford CEO Jim Farley said the U.S. faces a shortage of skilled technicians

00:06and warned that more than a million critical jobs remain unfilled nationwide, according to Benzinga.

00:11Speaking in appearance on the Office Hours Business Edition podcast on Wednesday,

00:15Farley said the U.S. economy is at risk because more than a million critical jobs across the

00:19central industries remain unfilled. He said Ford has 5,000 open dealership technician roles,

00:24pay about $120,000 a year, and require five years of training.

00:28Farley warned that the nationwide technician shortage is a U.S. self-defense issue,

00:33saying companies like Google could not build tanks or planes in a wartime scenario.

00:37He added that Ford's 134 recalls in 2025 are a major challenge to represent the company's

00:42largest near-term opportunity. For all things money, visit Benzinga.com.

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