The U.S. Semiconductor Industry Workforce: Driver of American Growth and Innovation

Date: Thursday, May 20, 2021
Time: 1 pm EDT

As Congress considers funding domestic semiconductor research, design, and manufacturing, a new joint study by the Semiconductor Industry Association (SIA) and Oxford Economics analyzes the positive impact of the semiconductor industry on the American workforce and how federal industry incentives will increase domestic jobs throughout the economy. The report, titled “Chipping In: The Positive Impact of the Semiconductor Industry on the American Workforce and How Federal Industry Incentives Will Increase Domestic Jobs,” finds that the U.S. semiconductor industry is essential to the U.S. economy, significantly contributing to U.S. GDP, stimulating jobs, and paying income to workers.

Please join the report authors for a conversation about the report findings and what they mean for the future of the U.S. semiconductor workforce. Speakers include Michael Reid, Senior Economist at Oxford Economics, and Hamilton Galloway, Head of Consultancy, Americas at Oxford Economics. The session will be moderated by Falan Yinug, Director of Industry Statistics and Economy Policy at SIA.


The Positive Impact of the Semiconductor Industry on the American Workforce and How Federal Industry Incentives Will Increase Domestic Jobs



May 20, 2021




Michael Reid
Senior Economist
Oxford Economics

Michael Reid joined Oxford Economics in 2015, bringing with him an extensive background in labor economics. As a member of the US Economic Impact team, based in Oxford Economics’ New York office, he is responsible for producing customized research, analysis, and modeling services for a range of organizations.

Prior to joining Oxford Economics, Michael spent nearly a decade analyzing regional economies, as an economist for the Bureau of Economic Analysis within the Regional Income Division and before that at the Center for Labor Market Studies. Michael holds a Master’s degree in Economics and a Bachelor’s degree in Economics, both from Northeastern University in Boston.


Hamilton Galloway
Head of Consultancy, Americas
Oxford Economics

Hamilton Galloway joined Oxford Economics in 2014 as Head of US Consultancy—a team focused heavily on developing quality, customized research, analysis and impact modeling services for a range of private and public organizations. Prior to joining Oxford Economics, Mr. Galloway worked nearly seven years as an economist, senior consultant and manager at Economic Modeling Specialists Int (EMSI), a data and analytic company based in the US.

His expertise spans a range of economic impact and regulatory issues covering trade, wages/salaries, taxes, workforce and economic development.


Falan Yinug
Director, Industry Statistics and Economic Policy
Semiconductor Industry Association

Falan Yinug is director of industry statistics and economic policy at SIA. Responsible for managing SIA’s statistics and data program, Yinug represents SIA in the World Semiconductor Trade Statistics (WSTS) program, which maintains industry-driven monthly sales data for the global industry as well as sales forecasts. His work also entails supporting SIA’s advocacy efforts through economic research and analysis.