Key facts
- Bloomberg Philanthropies is launching a $90 million program to address skilled trades shortages.
- The program specifically targets shortages of mechanics and electricians.
- Ford is partnering with Bloomberg Philanthropies on this initiative.
- Ford is facing a shortage of mechanics at its dealerships.
Bloomberg Philanthropies is initiating a new $90 million program aimed at tackling the shortage of skilled trades workers in the United States, specifically focusing on mechanics and electricians. As part of this initiative, a partnership has been established with Ford. The automotive manufacturer has been contending with a significant lack of qualified mechanics at its dealerships, highlighting the direct impact of such labor shortages on major corporations.