Labor Shortage
7 articles
Skilled Trades Training Initiatives Undermined by Retention
Some 2.1 million skilled trade jobs are expected to go unfilled by 2030, potentially resulting in $1 trillion in annual economic losses, according to Facilities Dive . This severe and growing deficit
BlackRock launches $100 million initiative for skilled trades training
BlackRock, a financial giant known for its investment prowess, has committed $100 million to train up to 50,000 skilled craft workers, marking a significant philanthropic pivot into vocational educati
Skilled Trades Surge as Tech Giants Expand Apprenticeships Amid Labor Shortage
In some North American markets, building data centers for tech giants now accounts for up to 50% of total work hours for union construction members, according to the Construction Owners Club .
Apprenticeships Surge: Vocational Training Tackles Skilled Trades Labor Shortage
In 2023, Southern Home Services hired Matt Ellenberg to enhance training.
Lowe's Foundation invests $250M in skilled trades training
Lowe's Foundation is investing $250 million over the next decade to train 250,000 skilled trade workers.
Canada's $6B Skilled Trades Plan Faces Diversity Gap Despite Growth
Canada has committed an unprecedented $6 billion to recruit 80,000 to 100,000 new skilled trades workers, yet women still comprise only 14% of registered apprentices in 2023.
Apprenticeships Address Skilled Trades Labor Shortage
CBRE and Meta are launching a multiyear initiative called LevelUp to recruit and train thousands of fiber technicians for U.