US to Fight Labor Shortage With New Chips Act Worker Program
- Effort will award grants to workforce development projects
- The shortage of technicians could reach 90,000 by 2030
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The Biden administration is kicking off a program to cultivate the US computer-chip workforce, aiming to stave off a labor shortage that threatens to undermine domestic semiconductor production.
The program, described as a workforce partner alliance, will use some of the $5 billion in federal funding set aside for a new National Semiconductor Technology Center. Officials plan to award grants to as many as 10 workforce development projects with budgets of $500,000 to $2 million.