Wednesday 26 March 2025 11:54 GMT

The Real US Jobs Disruptor? America's Own Future


(MENAFN- Asia Times) US President Donald Trump's latest tariffs, set to take effect on April 2, mark a renewed push for economic nationalism, targeting steel, aluminum, autos and other imports.

The White House frames it as a move toward reciprocal trade, a boost for US manufacturing and the growth of blue-collar jobs. The reality is rising costs for businesses, inflationary pressure and the growing risk of a global trade war.

Mexico, Canada and China - America's top trading partners - have already retaliated , and economists warn that further escalation could push the US into recession. Despite mounting evidence that protectionism does little to restore lost jobs, tariffs remain Washington's reflexive response to industrial decline.

But the real problem isn't jobs moving overseas - it's that too few American workers are qualified for those that remain. The US has 8 million job vacancies, yet 6.8 million are unemployed, a stark mismatch between skills and demand. Tariffs won't close that gap. A workforce prepared for the jobs of the future might.

Skills mismatch

First, educational attainment has become the dividing line between employment and economic insecurity. As of January 2025, the unemployment rate for high school graduates with no college sits at 4.5%, nearly double the 2.3% unemployment rate for those with a bachelor's degree or higher.

In an economy that increasingly rewards technical expertise, those without postsecondary education find themselves left behind. The American industrial base may have been hollowed out by globalization, but those affected workers have also been let down by an educational system that has failed to prepare workers for the vocations of modern industry.

Second, skill instability is the other side of rapid technological progress. 39% of existing job skills will be obsolete or transformed by 2030, according to the World Economic Forum“Future of Jobs” report.

As industries evolve, the skills required to succeed in them shift dramatically. The sectors with the highest demand - construction, logistics and healthcare - require specialized knowledge that cannot be gained with a generic high school education or a general college degree.

Third, manufacturing itself has changed beyond recognition. Despite 490,000 job openings in the sector as of April 2024, these positions are not the assembly-line jobs of old. Instead, modern factories demand specialist skills in robotics, CNC machining, industrial automation and high-precision welding.

MENAFN24032025000159011032ID1109348117


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search