The Global Semiconductor Talent Crunch: How Protectionism Backfired

https://cepr.org/voxeu/columns/global-semiconductor-talent-crunch-how-protectionism-backfired
SOCIETY
Issue #412
1 Sep 2024

These findings have profound implications for the success of initiatives like the CHIPS Act. The Semiconductor Industry Association (2023) projects a need for 115,000 new semiconductor jobs in the US by 2030. Based on our estimates, it could take approximately 16 years to fill these positions at current graduation rates.

Related to No9 - CHIPS act is massive state intervention by US government to the tune of around $40 Billion of subsidies ($2 billion of which went to Intel who just cut their workforce by 10%…), which needs to go not only into building factories, but also staffing them, which it turns not, is not so easy. Should be a good recruitment business opportunity here - anyone working this domain? Let me know, it will be worth a brainfood live…