3 critical workforce challenges: How would the presidential candidates address them?
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Workforce development in the U.S. is crucial for improving earnings and reducing inequality. The critical challenges include creating more well-paying jobs and skilled workers, generating a growing workforce as baby boomers retire, and preparing for labor market dislocations associated with artificial intelligence (AI). Donald Trump's policies focused on tax cuts, deregulation, and restrictions on trade and immigration. Joe Biden's approach involves new investments in job creation and training, stronger labor standards, and union representation. A second term for Trump would likely emphasize tax cuts and deregulation, while a second term for Biden would allow for further implementation of his place-based 'industrial policy' and skill-building components. The two candidates offer stark differences in addressing labor market challenges.
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https://www.brookings.edu/articles/3-critical-workforce-challenges-how-would-the-presidential-candidates-address-them/