Report: As more students pursue automotive tech education, labor gap remains [Yahoo! Finance]
Universal Technical Institute Inc (UTI)
Last universal technical institute inc earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
The number of automotive technicians employed in the U.S. reached 794,600 in 2023, according to the TechForce 2024 Supply & Demand report. The growing workforce is over 5% higher than pre-pandemic levels in 2019. The projected demand for automotive service technicians is expected to rise by over 470,000 between 2024-2028, according to the report. Meanwhile, the number of post-secondary completions in the transportation field increased for the second year in a row, reaching 37,449 in 2023, which may help address expected shortage of qualified technicians. As the national shortage of automotive technicians persists, TechForce Foundation CEO Jennifer Maher said it is good news to see the number of students pursuing automotive technician training increasing for the second year in a row, according to data from the TechForce 2024 Supply & Demand report The attitude that every student should pursue a four-year university degree has broadly changed, Maher said. As the auto industry t
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UTI
Earnings
- 11/19/25 - Beat
UTI
Sec Filings
- 12/12/25 - Form 4
- 12/12/25 - Form 4
- 12/12/25 - Form 4
- UTI's page on the SEC website