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Stock impact report

AI is creating a surge in demand for HVAC, other skilled labor: Randstad [Yahoo! Finance]

RANDSTAD NV UNSP/ADR (RANJY) 
NASDAQ:AMEX Investor Relations: ir.randstad.com
Company Research Source: Yahoo! Finance
Dive Brief: The rapid scaling of data centers and digital infrastructure in the United States is exacerbating challenges in hiring skilled labor, according to a report by Randstad North America It's now more time-consuming to hire an HVAC professional and an electrician than a software developer, the report says. The average hiring time for a skilled worker is 56 days, compared to 54 days for a tech worker. "While much of the conversation surrounding AI focuses on job displacement, we're overlooking the demand it's creating for the skilled trade workforce," Greg Dyer, chief commercial officer of Randstad North America, said in a statement . “AI can't build data centers, upgrade power grids, or maintain its own infrastructure.” Dive Insight: Randstad USA analyzed more than 150 million job postings in the U.S. for key roles between 2022 and 2026 to identify labor demand. The country is going through a generational shift as seasoned workers retire, taking with them skills th Show less Read more
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