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Deepening Shortage of Skilled Trades Jobs and Workforce Supply Chain Issues in the US

Fortune ·

PLTR Palantir Technologies Inc
$209.05 +5.17%
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  1. 1An annual shortage of 1.7 million skilled trades jobs is expected to occur through 2035.
  2. 2The labor shortage is intensifying as only 2 out of 5 retiring skilled workers are being replaced this year.
  3. 3General Motors has invested nearly $200 million over the past year to modernize internal skilled trade careers and manufacturing, engineering, and technical roles.

So what's the key point?

The US is expected to face a shortage of 1.7 million skilled jobs every year. General Motors has invested $200 million to help address these workforce issues.

Source Fortune · View original ↗

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