Certain fields such as construction are expected to be hard hit by the skills shortage.
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The number of college-educated workers retiring far outpaces the number of young people entering the workforce with similar levels of education, creating a national skills shortage, according to a new report from Georgetown University’s Center on Education and the Workforce.
The report, released Tuesday, found that 18.4 million people with postsecondary credentials are expected to leave the workforce between 2024 and 2032, and only 13.8 million younger workers are expected to enter the workforce with equivalent education. Meanwhile, the country is projected to add 685,000 new jobs that require postsecondary credentials over that same period. The report predicted the U.S. econo