BlackRock has announced a $100 million philanthropic initiative to expand economic opportunity and power the next generation of America’s skilled trades workers. As the U.S. faces historic demand for new and modernized infrastructure, BlackRock’s Future Builders initiative — a national effort funded by The BlackRock Foundation — will help address urgent labor needs by connecting workers to skilled trades training, supporting them through completion and licensure and helping participants build long-term financial security. Empowering millions to save and prepare for retirement is core to BlackRock’s mission and strong career pathways are fundamental to that goal.
As the country sees the need for historic investment in infrastructure, demand for workers in skilled trades such as electricians, HVAC technicians, plumbers and ironworkers continues to accelerate. Throughout the next decade, employment in U.S. infrastructure–related skilled trades is projected to grow by
