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JPMorganChase Warns U.S. Skills Shortage Threatens National Security

The bank urges coordinated public–private training measures tied to its $1.5 trillion U.S. investment initiative.

Overview

  • The report finds 40% of adults lack basic digital skills as three-quarters of companies struggle to hire qualified workers.
  • Manufacturing and semiconductor employers may require about 3.8 million additional workers by 2033, with roughly half of those roles at risk of going unfilled.
  • Energy projects face near-term demand for around 200,000 electricians and line workers needed for grid modernization and electrification.
  • In the defense industrial base, 46% of surveyed leaders report difficulty recruiting, training and retaining skilled manufacturing workers.
  • Recommendations include scaling apprenticeships, expanding earn-and-learn programs and widening access to workforce Pell Grants, while debate over using foreign skilled workers has intensified following President Donald Trump’s November remarks.