""Today's skills gap is a critical national security issue, and the public and private sectors need to come together to drive solutions forward," says Tim Berry, global head of corporate responsibility and chairman of the Mid-Atlantic region at JPMorgan. "The U.S. can allocate funds... but without sufficient talent, execution will fall short," the report from the PolicyCenter and Center for Geopolitics notes."
"By the numbers: Workforce shortages can be found across a number of industries critical to U.S. security and resilience, including the four areas JPMorgan is investing in through its $1.5 trillion initiative. Defense: 46% of U.S. defense industrial base leaders surveyed cited an inability to recruit, train and retain skilled manufacturing workers. Semiconductors: Multi-billion-dollar fabs are coming online faster than companies can hire technicians to run them, with 3.8 million additional workers needed and almost half of those jobs potentially going unfilled by 2033."
The U.S. skills gap poses a threat to national security and demands coordinated public-private action to scale reskilling and workforce training. Federal policy initiatives such as the CHIPS Act and the Inflation Reduction Act aim to spur industrial build-out while administrations promote manufacturing and infrastructure investment. Efforts on paid apprenticeships, earn-and-learn programs and expanded Pell Grants seek to broaden access to training for low-income learners. Critical sectors facing shortages include defense (46% of leaders cite recruitment and retention problems), semiconductors (3.8 million additional workers needed and large potential shortfalls by 2033) and energy, where modernization requires skilled labor amid AI-driven disruption.
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