Dimon warns of 300,000 skilled trades worker shortage
JPMorgan Chase CEO Jamie Dimon warned of a severe shortage of skilled trades workers, citing a need for 300,000 electricians and welders for shipbuilding over the next 5-10 years. He noted these jobs pay $80,000-$100,000 after 1-2 years of training without a college degree. The warning came alongside a $24M investment in Philadelphia's maritime sector.