BUSINESSFOX NEWS
Want to strengthen America's economy? The key investment is hiding in plain sight
The U.S. economy faces a massive shortage of skilled technical talent across 10 critical sectors, draining an estimated $7.42 billion in wage-based economic output annually. While employers like Ford and Carrier have begun investing in workforce training, the availability of technicians—who perform roles from HVAC to aviation mechanics—is not currently reflected accurately in standard labor statistics.
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Adjacent reporting
- As college graduates fret over finding jobs, a record shortage of workers is projected
- America's AI boom is a jobs opportunity, not an excuse for universal basic income
- Alliance for America’s Skilled Trades: Skilled trades shaped America’s past. Here’s how they can build America’s future
- This number helps explain why many Americans are down on the economy
- America needs thousands of blue-collar workers to manufacture our AI future