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🎓>15% US Workers Have Bachelor's Degrees. >15% More Investment Into Solar PV. 5% Global Quantum Funding for EU.

Chart of the Day #370 Looks at US Labor Force Education, Investment Into Solar PV, and Quantum Funding in the EU.

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KWSG confirms that they will continue to strengthen, invest in health sector. Otto Aviation investing $430M in advanced manufacturing facility in Jacksonville, creating over 389 Jobs. Germany invests $50M in renewable energy workforce training in Việt Nam. EDB, US aerospace giant RTX sign MOU to invest, partner in AI and skills development.

Simplilearn launched an AI career coach, SimpliMentor GPT. The US has resumed student visa processing after a temporary suspension, enabling international students to pursue studies in America. Efekta launches world's largest AI tutor rollout, reaching 4M Latin American students and teachers.

Today's Topics

🎓 Higher Education. >15% of US labor force have bachelor’s degrees
🍃 Green Skills. >15% more investment into Solar PV than other technologies🏭 Advanced Manufacturing. Only 5% of global quantum funding for EU companies

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🎓 >15% of US Labor Force Have Bachelor’s Degrees

In the US, Bachelor's and Graduate Degrees represent 18% and 13.2% of credential value share respectively, with short-term credentials at 7.7%, indicating a growing demand for certified qualifications, driven by a competitive labor market. The US targets 75% of its workforce to attain any form credential by 2040 ,a share that only amounts to 44.1% at present. Employers prioritize these credentials, as specialized education provides an advantage amidst diversifying fields. However the rising costs of higher education in the US poses a challenge towards achieving this target.

🍃 >15% More Investment Into Solar PV Than Other Technologies

Global solar PV investment increased from $251 billion in 2021 to $503 billion in 2024, exceeding other generation technologies by 2023. This trend highlights a global pivot towards sustainable energy, fueled by attractive returns and supportive regulations. For instance, Saudi Arabia, an oil-rich nation, is investing heavily in solar farms such as Jeddah’s Solar PV Park. This  adoption is supported by initiatives ensuring solar PV technology remains on track for 2030 investment targets, as affirmed by IRENA.

🏭 Only 5% of Global Quantum Funding for EU Companies 

The USA commands 57% of global quantum funding and 27% of companies, while the EU holds 25% of companies but only 5% of funding. This disparity highlights a market gap in the EU amidst a rapidly growing quantum industry , with record investment driven by AI advancements. The EuroPHC Joint Undertaking is working on delivering quantum computers to Germany, Poland, France and Czechia. The European Quantum Flagship, initiated by the European Commission, is a key policy aiming to accelerate research and commercialization.


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