Labor shortage in the US semiconductor industry is hindering growth, with over a third of employees considering leaving, posing a threat to the sector's revival.
The need for more workers in chipmaking is evident with government subsidies fueling industry expansion to reduce foreign supply dependence, leading to a substantial increase in job openings.
Job postings in the semiconductor industry are remaining unfilled for extended periods, averaging 26 days for engineering roles and 28 days for technician positions.
Employee retention is a major concern, with 53 percent of surveyed semiconductor workers in 2023 considering leaving their jobs, compared to 40 percent in 2021, potentially impacting industry stability.
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