Business Roundtable Launches New Workforce Initiative to Strengthen Talent Pipelines for Skilled Trades [Yahoo! Finance]
Lowe's Companies, Inc. (LOW)
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Source: Yahoo! Finance
WASHINGTON, June 17, 2025 BUSINESS WIRE )--Business Roundtable today launched a new initiative to address worker shortages in skilled trades by strengthening talent pipelines. The new workforce initiative, which was announced during the Roundtable's CEO Workforce Forum , will be co-championed by the CEOs of Lowe's and Carrier Global Corporation. Skilled trades workers power American industry, yet there is an estimated imbalance of 20 job openings for every one net new employee. The Business Roundtable Skilled Trades Initiative will collaborate with companies, outside experts and non-profit groups on developing resources, training and other tools to help close the talent gap in these trades. "Business Roundtable launched the Skilled Trades Initiative to raise public awareness, highlight the importance of these roles to the economy and support employers' commitment to grow the pipeline of workers," said Marvin Ellison, Chairman and Chief Executive Officer of Lowe's . "While technol
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