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Home/News Feed/Lowe's invests $250M to train 250,000 skilled trades workers amid US labor shortage.
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Lowe's invests $250M to train 250,000 skilled trades workers amid US labor shortage.

Market News
07 Apr 2026
Fox Business
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Bullish
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Lowe's is committing $250 million over the next decade to recruit and train 250,000 skilled tradespeople in plumbing, carpentry, electrical work, and more to address the US shortage of skilled workers. This move comes as AI advances threaten white-collar jobs, but cannot replace hands-on skilled trades. With nearly half of skilled trades workers earning more than median college graduates and no student debt, Lowe's CEO Marvin Ellison urges a cultural shift to value trades as viable, rewarding careers. The initiative aims to fill a projected gap of 349,000 skilled workers needed by 2026, critical for America's infrastructure and economy.

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