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CHIPS Act to Train Workers to Avoid Labor Shortages | The Gestalt IT Rundown: July 3, 2024
The US government is worried there might not be enough trained workers to fill the needs of the CHIPS act. President Biden has announced a Workforce Partner Alliance (WFPA) to ensure the gap for skilled workers will be closed as soon as possible. WFPA is designed to reward providers with grants of between $500,000 and $2 million to provide the training for these new chip facilities. Is this something that we can count on? Or will it turn into another boondoggle like ITT Tech? This and more on this week's Rundown.
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