🏫 Fewer US Schools Closed. >10 M Electric Cars Sold in China. 3x Rise in AI Jobs.
Chart of the Day #275 Looks at School Closures in the US, Electric Car Sales, and AI Jobs in the US.
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The State Government is providing a $10,000 incentive payment to apprentices in the construction and clean energy sectors to improve apprentice retention. Plans for the UK's largest lithium extraction plant have been approved. The facility could produce up to 10K tons of lithium per year.
Today's Topics
🏫 K12 Education. 40% fewer schools closed in the US
🚗 Electric Vehicles. China's electric car sales up 30%
🤖 Artificial Intelligence. 3x rise in AI jobs in the US from 2018 to 2024
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🏫 40% Fewer Schools Closed in the US
US school closures rose from one in 1985 to 1,293 in 2016, stabilizing at 365 in 2023. Policies like ESSA and California’s Community Schools Program aim to ensure equitable resources. The American Rescue Plan provided pandemic relief, while equity impact assessments and Title I funding reforms address systemic disparities influencing closures.
🚗 China's Electric Car Sales Up 30%
Global EV sales were projected to reach 17M in 2024, a surge from near zero in 2012. China dominates with 10 million sales, supported by policies like the extension of the New Energy Vehicle (NEV) tax exemption until 2027. This exemption, amounting to as much as US$4K per vehicle purchased before 2026, aims to boost domestic sales and maintain China’s global EV leadership. Europe follows with 3.5M sales, aligning with stringent CO2 targets. Emerging markets contribute over 1M sales, a 40% increase from 2023, signaling global adoption.
🤖 3x Rise in AI Jobs in the US From 2018 to 2024
AI jobs in the US soared from 4K in early 2018 to over 14K in early 2024, peaking in late 2021. This growth is supported by the National AI Talent Surge. Federal agencies are actively hiring AI experts, while programs such as the US Digital Corps and Presidential Innovation Fellows create new talent pipelines. The skills-based hiring guidance further boosts IT recruitment.
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