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The U.S. Department of Labor predicts there will be a decline (by about 8 percent) in employment in the semiconductor industry through 2024. This decline is due to two main factors: higher productivity and increased imports. Many semiconductor manufacturers have installed new machinery that can produce twice as many wafers as the old machines. This increased automation has streamlined the staff of many manufacturing plants. In addition, manufacturers have begun to build plants in overseas locations where semiconductors can be made more cheaply than in the United States. Imports of more affordable semiconductors from non-U.S. manufacturers are expected to rise in the coming years, which will lessen the need for semiconductor manufacturing technicians in the United States. As the technology advances, the employment opportunities for semiconductor technicians will continue to decrease.
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