President Trump campaigned on a number of economic issues, one being his determination to bring manufacturing back to the U.S. from other countries. Since taking office, he has been implementing policies that he believes will help to achieve this goal.
I agree with President Trump on both the goal and the fact that the steps he is taking will lead to the desired result; however, there is one significant challenge that could spoil these efforts if we do not have a plan to overcome it. That significant challenge is a severe labor shortage that is already hampering our economy and will only get worse as more jobs are created.
For several years after the pandemic, the U.S. Chamber of Commerce consistently talked about the need for additional workers in our economy. In a study published in November 2023, the chamber stated, “Even if every unemployed worker were to fill an open job within their respective industry, there would still be unfilled positions, highlighting the widespread labor shortage.” (Understanding America’s Labor Shortage: The Most Impacted Industries | U.S. Chamber of Commerce)
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