March 8, 2018
The Home Depot Foundation, a leadership arm for the company founded by Bernie Marcus, Arthur Blank and with the help of Ken Langone, hammered down on its pledge to closing the gap among skilled laborers in America, Fox Business reports.
It announced Thursday it would commit $50 million to train 20,000 tradespeople over the next 10 years, starting with separating military members and veterans, at-risk youth and members of the Atlanta Westside community, in an effort to reduce the number of unfilled construction sector jobs in the U.S. Currently, there are 158,000 unfilled jobs in the sector, according to data from the Bureau of Labor Statistics, which projects the total employment number of construction laborers to increase 10.5% by 2026. As FOX Business reported, many six-figure jobs in the sector are going unfilled.