🎓 >40% of American Business Schools Fund AI. Electrical Engineering Skill Gap. 17M US Healthcare Workers.
Chart of the Day #285 looks at Business Schools Funding AI, Electrical Engineering Skills Shortages, and Healthcare Workers in The US.
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Today's Topics
🎓 Higher Education. >40% of American business schools fund AI initiatives
🏭 Advanced Manufacturing. 80% of EU firms lack skills in electrical engineering
⚕️ Healthcare. >17M healthcare workers in the US
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🎓 >40% of American Business Schools Fund AI Initiatives
In 2024, 37% of global business schools funded AI/GenAI initiatives, led by the Americas 42% and Asia Pacific 41%, with EMEA lagging 28%. Initiatives like the National Science Foundation AI Research Institutes, promoting collaborative AI research and workforce development, aim to ethically integrate AI in education, ensuring innovation and a skilled workforce.
🏭 80% of EU Firms Lack Skills in Electrical Engineering
In 2023, 59% of EU businesses reported significant manufacturing skills shortages, while only 14% found them insignificant, highlighting urgent workforce challenges. The EU's Skills Agenda and New Skills for New Jobs strategy aim to boost training and align education with market needs. The Digital Compass seeks to equip 80% of adults with basic digital skills by 2030. The Green Deal further addresses labor shortages and promotes a skilled workforce for a sustainable economy.
⚕️ >17M Healthcare Workers in The US
The US health workforce grew from 15M in 2017 to 17M in 2024, reflecting rising healthcare demand. The American Rescue Plan invests in health worker pay and benefits, while the Healthcare Workforce Resilience Act aims to increase the nurse and physician workforce by recapturing unused immigrant visas. States like Georgia and Oklahoma have expanded loan repayment programs to attract healthcare workers. These initiatives support workforce development and healthcare access.
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