Lowe's Launches Major Effort to Help Close America's Skilled Trades Gap
The coalition aims to expand training and credentialing as the skilled trades shortage could leave 2.1 million jobs vacant by 2030, officials said.
- The Lowe Foundation launched the Building Futures Skilled Trades Coalition today, uniting corporate leaders and over 75 organizations to address the critical skilled trades labor shortage across multiple industries.
- Department of Education projections indicate the skilled trades shortage could leave 2.1 million jobs vacant by 2030, with economic losses potentially reaching $1 trillion per year across The United States.
- The foundation's Gable Grants program has grown into a network of 73 community colleges and nonprofits operating across 30 states, supported by a $250 million investment recently expanded by the foundation.
- "The next industrial revolution won't be built by algorithms alone," said CEO Marvin Ellison, highlighting the coalition's focus on changing public perception of skilled trades careers and strengthening the talent pipeline.
- Industry leaders emphasize that skilled workers are essential for broadband infrastructure as emerging technologies expand; additional coalition members and commitments are expected to be announced during broader implementation, the foundation said.
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Lowe's Leads 75-Company Coalition to Train 1M Tradespeople
Lowe's Foundation has launched what it calls the nation's largest skilled trades coalition, uniting more than 75 companies and organizations to close a workforce gap the retailer estimates costs the U.S. economy $1 trillion a year. The Building Futures Skilled Trades Coalition, announced Tuesday, pairs Lowe's with corporate heavyweights including Nvidia, General Motors, AT&T, and […] The post Lowe's assembles 75-company coalition to train one mi…
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The New York LedgerLowe's launches major effort to help close America's skilled trades gap
Lowe's Foundation launched a skilled trades coalition with Nvidia, GM and 75-plus partners to train and certify 1 million tradespeople by 2035 amid a workforce shortage.
Lowe's Foundation Launches Nation's Largest Skilled Trades Coalition with NVIDIA, AT&T, Bank of America, Carrier, General Motors, DEWALT and Duke Energy to Help Train and Develop 1 Million People for America's Workforce
Building Futures Skilled Trades Coalition to tackle one of America's most urgent workforce challenges through coordinated national action plan and over 75...
Nation’s Largest Skilled Trades Coalition Launches to Help Train and Develop 1 Million People for America’s Workforce
On Sept. 1 the Lowe’s Foundation launched the Building Futures Skilled Trades Coalition, the largest cross-sector skilled trades coalition in U.S. history, to help train and develop one million people for skilled trades careers by 2035. The national alliance is backed by over 75 American educators, businesses, workforce organizations, industry vendors and stakeholders across the […]
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