Shortage of Skilled Tradespeople in the U.S. Could Lead to $1 Trillion Annual Economic Loss

A growing shortage of skilled tradespeople in the U.S. is expected to leave 2.1 million jobs unfilled by 2030, with potential annual economic losses reaching $1 trillion. The aging workforce and lack of new entrants are exacerbating the crisis, according to reports from JLL and the U.S. Department of Education.

By Sydney Lake Tue, April 21, 2026 at 4:00 PM GMT+3 8 min read · Yahoo Finance ·

Shortage of Skilled Tradespeople in the U.S. Could Lead to $1 Trillion Annual Economic Loss

Tickers: $JLL

Topics: economic impact retirement wave skilled labor shortage workforce demographics

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