"According to JLL's 2026 Global Data Center Outlook report, the global data center sector is expanding by about 14% a year, requiring a $3 trillion investment."
"By 2030, around 1.4 million blue collar jobs will be open over seven fields, highlighting the urgent need for skilled tradespeople."
"In 2023, Lowe's announced a $50 million commitment over five years to address one of the most critical worker shortages in history."
Lowe's Foundation announced a $200 million investment to train 250,000 tradespeople by 2035, increasing its total commitment to $250 million. This initiative responds to a growing demand for skilled workers amid rising AI developments and a wave of retirements in the trades. Reports indicate a significant shortage, with 1.4 million blue-collar jobs expected to be open by 2030. The construction industry alone needs nearly 499,000 workers this year to meet demand. Lowe's aims to partner with various organizations to address this workforce gap.
#skilled-trades #workforce-development #lowes-foundation #construction-industry #training-investment
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]