Key facts
- Bloomberg Philanthropies is launching a new $90 million program.
- The program aims to address shortages of mechanics and electricians.
- Ford is partnering with Bloomberg Philanthropies.
- Ford is experiencing a shortage of mechanics at its dealerships.
Bloomberg Philanthropies is initiating a new $90 million program designed to tackle the shortage of skilled trades, specifically mechanics and electricians, in the United States. A key component of this initiative is a partnership with Ford, a company that is currently facing challenges in finding enough mechanics for its dealerships. This program aims to bolster the workforce in critical sectors that are experiencing a deficit of qualified professionals.