Workforce Development
BlackRock, Ford, Google and Carhartt Launch Skilled Trades Alliance
Hundreds of millions of dollars in existing training commitments brought together as labor shortages continue across the industry

BlackRock, Ford Motor Co., Google and Carhartt have launched the Alliance for America's Skilled Trades to expand training and strengthen the pipeline of workers needed for infrastructure, energy and manufacturing projects.
BlackRock, Ford Motor Co., Google and Carhartt on July 21 launched the Alliance for America's Skilled Trades, a national coalition aimed at expanding workforce training amid labor shortages affecting infrastructure, energy and manufacturing.
The coalition extends a series of company-led workforce initiatives launched earlier this year, including BlackRock's $100-million Future Builders program in March and Meta Platforms' $115-million craft-training partnership with Associated Builders and Contractors announced in June.
The alliance aims to broaden access to skilled-trades careers, identify and scale effective apprenticeship and training programs, publish a national report on labor gaps and recruit additional industry, labor, education and nonprofit partners. The founders said their existing training efforts already span 30 states.
"At Ford, we recognize the skilled trades workforce shortage is a national crisis but also a generational opportunity," Ford President and CEO Jim Farley said. "These vital trades and industries form the backbone of the American economy, and their future is America's future."
Collective Resources
Rather than establishing a new funding pool, the coalition builds on previously announced investments by its members.
BlackRock has already committed $100 million to connect 50,000 workers with training over five years, while Ford has committed to spend $300 million on skilled-trades workforce development and its broader "Essential Economy" initiative in 2026. Google has committed $50 million to programs intended to prepare more than 300,000 workers across more than 20 states, and Carhartt said its For the Love of Labor program has supported more than 60 nonprofit and community organizations since 2022.
"Investment in America's infrastructure will help shape the country's long-term economic trajectory, but its success ultimately depends on the skilled workforce that brings these projects to life," said Bayo Ogunlesi, chairman and CEO of Global Infrastructure Partners, a unit of BlackRock. "Expanding that talent pipeline requires long-term commitment and partnership across sectors."
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Federal labor data underscore continued demand for construction workers. The industry had an estimated 298,000 job openings in May, up 32,000 from April, while its seasonally adjusted job-openings rate rose to 3.5% from 3.1%, according to the U.S. Bureau of Labor Statistics.
Separately, the coalition cited JLL research estimating that 2.1 million skilled-trades positions could go unfilled by 2030, including jobs for electrical workers, technicians and builders.
"Building the physical infrastructure for America's future requires significantly increasing the pipeline of skilled tradespeople across the country," Ruth Porat, president and chief investment officer of Alphabet and Google, said in the announcement.
The industry's workforce pressures are likely to intensify, said Ken Simonson, chief economist for the Associated General Contractors of America.
"It is encouraging that more project owners are recognizing the need for greater private as well as public investment in training prospective construction workers," he said. "The needs will grow steadily as retirements increase, the number of young adults continues to decline, and immigration is slashed."
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The coalition did not identify an alliance-wide enrollment target, disclose how the founding members' programs would be coordinated or specify whether additional funding commitments are expected.
In June, ENR reported that Meta and ABC launched America's Workforce Academy, the second major workforce initiative affecting the construction industry announced in recent weeks. The program provides National Center for Construction Education and Research credentials and ties training to conditional job offers from contractors working on Meta projects, while the tech firm has projected that AI infrastructure growth could ultimately require roughly 500,000 electricians nationwide.
The latest coalition said its first major initiative will be a Skilled Trades Report, to be developed with Jobs for the Future and Burning Glass that will measure labor gaps, track progress and identify effective workforce-development practices as additional partners join the effort.



