The idea that there is a lack of skilled workers in America is silly. Most White male gamers could be trained in a technical cert in months. There could be 10 million more machine operators in 3 months if the powers-that-be wanted. If WW3 started with China and we needed maximum drone production, every basement gamer would be certified and working a job in the supply chain.
If you want more engineers (mechanical, chemical, electrical, etc) just give every gamer the equivalent of an IQ test and offer a free accelerated degree if you're smart enough. Cut out all the "general education" and liberal arts requirements (or make them interesting; like a good Ancient Rome podcast). Tailor the learning to look like a tech-tree unlocked by tangible progress. Let them grind a skillset by repeatedly failing (this is how gamers get better at games). Don't have artificial semesters or beaurocracy. You'd have 1 million more engineers in a year or two.
This depressing slump always happens at the end of the 80 year cycle. When the geriatrics loose their lich-like grip there will be a tipping point and a chain reaction of events will bring about an "economic miracle". Mostly, the "miracle" is getting all the gatekeepers out of they way. And being willing to radically change systems while using the newest technology.