Tag: electrician

Skilled Trades Labor Shortage Reaches ‘Critical Inflection Point’

As the United States grapples with aging building stock and the need for infrastructure modernization, a critical workforce challenge threatens the commercial real estate sector’s ability to maintain, modernize, and operate the built environment. JLL’s latest skilled trades talent research reveals that by 2030, an estimated 2.1 million skilled trades positions for electricians, HVAC technicians, […]

Lowe’s Foundation Commits $250M to Skilled Trades Training

Skilled trades are considered a strong foundation for a facilities management career. As the U.S. confronts a critical shortage of skilled trade workers, the Lowe’s Foundation announced an expanded $250 million commitment to help train and develop 250,000 tradespeople by 2035 through its Gable Grants program. This announcement follows a $100 million initiative from financial giant BlackRock to support the next […]