Back to today’s briefing

Story perspectives

CHIPS Act Creates Up to 54K Jobs, Boosts Wages

9/25/2025

27 2

Summary

Story summary

The Brookings Papers on Economic Activity (BPEA) finds the CHIPS and Science Act created 42,465–54,385 jobs and boosted wages in 149 counties.
Direct semiconductor production jobs: 14,900–20,860; indirect gains: 27,565–33,525.
Average weekly wages rose by $206 to $232, a 25%–28% rise.
Growth began about a year before the August 2022 signing, after USICA's June 2021 passage, with differences-in-differences analysis.

1 of 1

Story summary

The Brookings Papers on Economic Activity (BPEA) finds the CHIPS and Science Act created 42,465–54,385 jobs and boosted wages in 149 counties.
Direct semiconductor production jobs: 14,900–20,860; indirect gains: 27,565–33,525.
Average weekly wages rose by $206 to $232, a 25%–28% rise.
Growth began about a year before the August 2022 signing, after USICA's June 2021 passage, with differences-in-differences analysis.