America has a workforce crisis. The solution is already here - and it's being wasted

America has a workforce crisis. The solution is already here - and it's being wasted

Fortune business

Key Points:

  • The U.S. workforce is shrinking due to declining birth rates, a decreasing under-24 population projected for the next 30 years, and negative net migration starting in 2025, threatening economic growth and competitiveness.
  • Many skilled, work-authorized immigrants with degrees and professional experience face barriers like credential recognition and hiring biases, leading to underemployment and wasted talent.
  • Programs like Upwardly Global demonstrate that with proper support, immigrant professionals can transition into roles matching their skills, significantly increasing their earnings and contributing to the economy.
  • Business leaders can address workforce challenges by focusing on candidates' actual skills rather than credential origins, partnering with workforce organizations, and investing in education to build future talent pipelines.
  • Companies that proactively engage with immigrant talent and support workforce development are positioned to lead economic innovation and growth amid demographic shifts.

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