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I don't think that dynamic is the same in construction and in semiconductor manufacturing. Certain parts of the chip-building supply chain just plain don't exis
by sfilmeyer 3y ago
I don't think that dynamic is the same in construction and in semiconductor manufacturing. Certain parts of the chip-building supply chain just plain don't exist in the USA, and so no one in the USA currently has those skills. It's not like there are lots of folks with the skills in the USA but they're all leaving the industry for higher paying jobs.
- lotsofpulp 3y agoThe reason there are not a lot of folks with the skills in the USA is because 30 years ago, the US labor market did not appropriately reward those parts of the chip building supply chain. Same dynamic as not paying construction workers enough, just with a greater time lag.
- sfilmeyer 3y agoI think the distinction is still important, in that the time lag is large enough to have changed the current dynamics, even if they still match on longer timescales. Raising salaries a bit could stem the outflow of construction workers, and raising salaries sufficiently could bring folks like the prior commenter back into the industry. But as more time passes this gets less and less effective, because there's no one left in the industry to retain and no one with recent enough knowledge to pull back in.
- javajosh 3y agoWhat skills are they, specifically? I'd like to see companies like Intel make a resource describing them, at least, and at most, offer to pay training costs and offer a job at the end of it.