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US must invest in skilled trades to fill 1.7M jobs yearly and stay competitive, says Ford CEO.

Market News
30 Sep 2026
Fox Business
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US must invest in skilled trades to fill 1.7M jobs yearly and stay competitive, says Ford CEO.

Ford CEO Jim Farley warned that the US is falling behind global competitors like Germany, China, and South Korea due to underinvestment in skilled trades such as construction, manufacturing, and transportation. A new report projects the US will need to fill 1.7 million skilled trades jobs annually through 2035, but current training programs only produce 55 workers per 100 needed jobs. Apprenticeship programs show higher completion rates, and young workers are increasingly attracted to trades for job security and avoiding student debt. Experts emphasize the need to invest in workforce training to meet demand and reshape perceptions of skilled trades as viable, smart career paths.

Ford Motor Company currently has a market cap of $49.05 billion and offers a dividend yield of 4.88% on Pluang as of October 1, 2026, 08:31 WIB. The stock price is $12.06, down 2.03% for the day, with a high trading volume of 33,525,611 shares. This trading activity reflects investor reactions in a market where skilled labor shortages and workforce training are increasingly critical topics.

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