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Google on Thursday announced that it will invest $50 million to help train over 300,000 skilled trades workers across more than 20 states.
What’s happening: The funding, committed by the company’s philanthropic arm, “will go directly to the training experts who build these programs from the ground up,” the announcement states.
The big picture: Earlier in the week, Bloomberg Philanthropies and Facebook-parent Meta committed a combined $205 million toward similar initiatives, bringing the total of skilled trades investments announced over the past 90 days to $555 million, as Homepros recently reported. Google’s pledge pushes that figure to over $600 million.
What they’re saying: “No single entity can solve this American workforce shortage on its own,” Google wrote Thursday. “There needs to be engagement across industry, civil society, and government, so we can build modern on-the-job training and expand apprenticeships together.”
Shipments of gas water heaters declined by 11.6 percent year-over-year during the month, while electric water heater shipments slid 4.6 percent
The company saw North American sales volumes drop during the quarter, along with soft residential demand, a company spokesman said Tuesday
"The homeowner in a relative sense is perhaps more protected financially than other customer cohorts, and so we continue to see engagement," said Home Depot's CFO
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Google joins skilled trades training wave, commits $50 million – Homepros
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