As a national initiative, the CHIPS and Science Act has two key objectives: Development of key capabilities and catalyzing employment in the semiconductor sector. Formulation of effective policy interventions requires a clear understanding of the workforce needs, which can be assessed through the growing discipline of Labor Market Intelligence (LMI). This paper introduces JobPulse, a prototype system to estimate labor market demand using online job postings. Using LMI approaches, we analyze the semiconductor employment demand in Southern California, estimated at 5% of the national workforce. The paper shows the stark differences with demand estimates generated through traditional methods, the composition of the employer base, the critical gap of engineers in the region, and the implications at the national scale.
You can read and download the complete paper on arXiv.