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America's demand for skilled electricians is entering a boom cycle - TL;DR CNBC

America's demand for skilled electricians is entering a boom cycle

Publishing timestamp: 2024-07-27 10:47:23


Summary

The demand for electricians is growing rapidly, with projections showing a 6% annual growth rate until 2032. This is twice the rate of all other occupations, with about 73,500 job openings each year. The shortage of electricians is threatening the transition to renewable energy and other booming sectors like cryptocurrencies and artificial intelligence. Both labor union and non-union organizations are increasing recruiting efforts and offering solid pay for those entering the profession.


Sentiment: POSITIVE

Tickers: MU

Keywords: educationjobscareerslabor policylabor unionsmicron technology incbusiness newssuppress zephrlabor issues

Source: https://www.cnbc.com/2024/07/27/americas-demand-skilled-electricians-boom.html


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