Chip Industry Sees Labor Shortages Threatening US Expansion Plan
- Based on graduation rates, many jobs could be hard to fill
- Biden administration is trying to foster domestic chipmaking
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The semiconductor industry warned that there won’t be enough engineers, computer scientists and technicians in the US to support a rapid expansion this decade, threatening efforts to boost the domestic chip economy.
Chipmakers are on course to add about 115,000 jobs by 2030, the Semiconductor Industry Association said, citing a survey it commissioned. Based on a study of current degree completion rates, though, about 58% of those projected positions could remain unfilled.