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Unlocking New Trades Opportunities for the Next Generation with The Home Depot Foundation’s Path to Pro

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The Home Depot Foundation has announced over $2 million in new grants to address the skilled labor gap in the United States. This initiative comes as the construction industry faces more than 400,000 open jobs in fields like carpentry, plumbing, electrical, and HVAC, with projections showing growth to 3.9 million open jobs in the next decade.

Key components of this initiative include:

  • A partnership with 100 Black Men of America, Inc. and Home Builders Institute (HBI) to provide skilled trades training and career opportunities for youth, with $500,000 in additional funding.
  • A $710,000 grant to HBI for training programs targeting separating service members and youth.
  • Over $1 million invested in scholarships for trades education through SkillPointe Foundation and Folds of Honor.

These efforts aim to support the next generation of skilled tradespeople and address the growing demand in the home improvement sector.

La Home Depot Foundation ha annunciato oltre 2 milioni di dollari in nuovi finanziamenti per affrontare il divario di manodopera qualificata negli Stati Uniti. Questa iniziativa arriva mentre l'industria delle costruzioni affronta più di 400.000 posti di lavoro aperti in settori come la lavorazione del legno, la plumbività, l'elettricità e l'HVAC, con proiezioni che indicano una crescita fino a 3,9 milioni di posti di lavoro aperti nel prossimo decennio.

I principali punti di questa iniziativa includono:

  • Una collaborazione con 100 Black Men of America, Inc. e l'Home Builders Institute (HBI) per fornire formazione nelle professioni specializzate e opportunità di carriera per i giovani, con 500.000 dollari in finanziamenti aggiuntivi.
  • Un finanziamento di 710.000 dollari per HBI per programmi di formazione mirati ai membri in congedo e ai giovani.
  • Oltre 1 milione di dollari investiti in borse di studio per l'educazione alle professioni tramite SkillPointe Foundation e Folds of Honor.

Questi sforzi mirano a sostenere la prossima generazione di professionisti qualificati e a rispondere alla crescente domanda nel settore del miglioramento della casa.

La Home Depot Foundation ha anunciado más de 2 millones de dólares en nuevas subvenciones para abordar la brecha de mano de obra calificada en los Estados Unidos. Esta iniciativa surge en un momento en que la industria de la construcción enfrenta más de 400,000 empleos vacantes en campos como la carpintería, la fontanería, la electricidad y HVAC, con proyecciones que muestran un crecimiento a 3.9 millones de empleos vacantes en la próxima década.

Los componentes clave de esta iniciativa incluyen:

  • Una asociación con 100 Black Men of America, Inc. y el Home Builders Institute (HBI) para proporcionar capacitación en oficios y oportunidades de carrera para jóvenes, con 500,000 dólares en financiamiento adicional.
  • Una subvención de 710,000 dólares a HBI para programas de capacitación dirigidos a miembros en servicio separado y jóvenes.
  • Más de 1 millón de dólares invertidos en becas para educación en oficios a través de SkillPointe Foundation y Folds of Honor.

Estos esfuerzos tienen como objetivo apoyar a la próxima generación de trabajadores calificados y abordar la creciente demanda en el sector de la mejora del hogar.

홈데포 재단은 미국의 숙련 노동력 격차를 해결하기 위해 200만 달러 이상의 신규 보조금을 발표했습니다. 이 이니셔티브는 건설 산업이 목공, 배관, 전기 및 HVAC와 같은 분야에서 40만 개 이상의 구인에 직면하고 있으며, 향후 10년 동안 390만 개의 구인으로 성장할 것이라는 전망과 함께 진행되고 있습니다.

이 이니셔티브의 주요 구성 요소는 다음과 같습니다:

  • 청소년에게 숙련된 직업 교육과 경력 기회를 제공하기 위한 100 Black Men of America, Inc. 및 Home Builders Institute (HBI)와의 파트너십으로, 50만 달러의 추가 자금이 포함됩니다.
  • 퇴역 군인 및 청소년을 대상으로 하는 교육 프로그램을 위한 HBI에 대한 71만 달러의 보조금.
  • SkillPointe Foundation 및 Folds of Honor를 통해 직업 교육을 위한 장학금에 100만 달러 이상 투자.

이러한 노력은 숙련된 직업인의 다음 세대를 지원하고 주택 개량 분야의 증가하는 수요를 해결하는 것을 목표로 합니다.

La Home Depot Foundation a annoncé plus de 2 millions de dollars en nouvelles subventions pour remédier au manque de main-d'œuvre qualifiée aux États-Unis. Cette initiative intervient alors que le secteur de la construction fait face à plus de 400 000 postes vacants dans des domaines tels que la menuiserie, la plomberie, l'électricité et la climatisation, avec des prévisions montrant une hausse à 3,9 millions de postes vacants dans la prochaine décennie.

Les principaux éléments de cette initiative incluent :

  • Un partenariat avec 100 Black Men of America, Inc. et l'Home Builders Institute (HBI) pour fournir une formation aux métiers et des opportunités de carrière pour les jeunes, avec 500 000 dollars de financement supplémentaire.
  • Une subvention de 710 000 dollars à HBI pour des programmes de formation ciblant les membres des services séparés et les jeunes.
  • Plus d'1 million de dollars investis dans des bourses scolaires pour l'éducation aux métiers par le biais de la SkillPointe Foundation et des Folds of Honor.

Ces efforts visent à soutenir la prochaine génération de travailleurs qualifiés et à répondre à la demande croissante dans le secteur de l'amélioration de l'environnement domestique.

Die Home Depot Foundation hat über 2 Millionen Dollar an neuen Zuschüssen angekündigt, um der Lücke an qualifizierten Arbeitskräften in den Vereinigten Staaten zu begegnen. Diese Initiative kommt zu einem Zeitpunkt, an dem die Bauindustrie mehr als 400.000 offene Stellen in Bereichen wie Tischlerei, Sanitär, Elektrik und HVAC hat, mit Prognosen, die ein Wachstum auf 3,9 Millionen offene Stellen im nächsten Jahrzehnt zeigen.

Wichtige Komponenten dieser Initiative sind:

  • Eine Partnerschaft mit 100 Black Men of America, Inc. und dem Home Builders Institute (HBI), um Schulungen in den Fachberufen und Karrieremöglichkeiten für Jugendliche bereitzustellen, einschließlich 500.000 Dollar an zusätzlichen Mitteln.
  • Ein Zuschuss von 710.000 Dollar an HBI für Schulungsprogramme, die auf entlassene Soldaten und Jugendliche abzielen.
  • Über 1 Million Dollar, die in Stipendien für die Berufsausbildung über die SkillPointe Foundation und Folds of Honor investiert werden.

Diese Bemühungen zielen darauf ab, die nächste Generation von Fachkräften zu unterstützen und der wachsenden Nachfrage im Bereich der Wohnraumverbesserung gerecht zu werden.

Positive
  • Allocation of over $2 million in new grants to address the skilled labor gap
  • $500,000 additional funding for partnership with 100 Black Men of America, Inc. and HBI
  • $710,000 grant to HBI for training programs
  • Over $1 million invested in scholarships for trades education
Negative
  • None.

Originally published on Built From Scratch

NORTHAMPTON, MA / ACCESSWIRE / September 23, 2024 / Every September, Workforce Development Month celebrates the contributions of workforce professionals and raises awareness around skilled trades. As national conversation spotlights the construction industry as a career path for high school graduates, The Home Depot and The Home Depot Foundation remain committed to providing aspiring skilled tradespeople with the tools they need to be successful in the industry.

There are currently more than 400,000 open jobs in fields like carpentry, plumbing, electrical and HVAC. According to the U.S. Bureau of Labor Statistics, the home improvement trades are projected to grow to more than 3.9 million open jobs on the market in the next decade. While these may be daunting statistics, it creates a great opportunity to invest in the next generation of skilled talent.

The Home Depot Foundation has announced more than $2 million in new grants to address the skilled labor gap in the United States.

Skilled Trades Training
The Foundation and trades training nonprofit partner Home Builders Institute (HBI) launched a partnership with 100 Black Men of America, Inc. to increase skilled trades training and career opportunities for youth in 2021.

Now, through more than $500,000 in additional funding, the organizations will continue to provide HBI's Pre-Apprenticeship Certificate Training curriculum, mentorship and training in Atlanta, Philadelphia and Oakland while expanding the program to students in Las Vegas.

Earlier this year, the Foundation awarded a $710,000 grant to HBI to advance existing programs to train separating service members, youth and more in the skilled trades.

Trade School Scholarships

The Foundation is investing more than $1 million to award over 300 scholarships to students seeking to further their trades education through partners SkillPointe Foundation and Folds of Honor, which provides scholarships to the spouses and children of fallen and disabled service members.

About Path to Pro
Since 2018, The Foundation's Path to Pro program has introduced more than 245,000 people to the skilled trades and trained more than 43,000 youth, high school students, underserved communities and separating U.S. military servicemembers.

Apart from The Foundation's work to bridge the skilled labor gap, The Home Depot has enabled tens of thousands of jobseekers to connect with Pro customers looking to hire through the online labor marketplace, the Path to Pro Network. Thousands of participants have graduated from the Path to Pro Skills Program, a free, on-demand program that gives participants the necessary training to secure entry-level positions in the skilled trades.

For more information and to see trade resources available in English and Spanish visit PathtoPro.com.



View additional multimedia and more ESG storytelling from The Home Depot on 3blmedia.com.

Contact Info:
Spokesperson: The Home Depot
Website: https://www.3blmedia.com/profiles/home-depot
Email: info@3blmedia.com

SOURCE: The Home Depot



View the original press release on accesswire.com

FAQ

How much has The Home Depot Foundation (HD) committed to addressing the skilled labor gap?

The Home Depot Foundation has announced over $2 million in new grants to address the skilled labor gap in the United States.

What is the current number of open jobs in the construction industry according to The Home Depot (HD)?

According to the press release, there are currently more than 400,000 open jobs in fields like carpentry, plumbing, electrical and HVAC.

How many open jobs are projected in the home improvement trades over the next decade?

According to the U.S. Bureau of Labor Statistics, the home improvement trades are projected to grow to more than 3.9 million open jobs on the market in the next decade.

What organizations is The Home Depot Foundation (HD) partnering with for skilled trades training?

The Home Depot Foundation is partnering with Home Builders Institute (HBI) and 100 Black Men of America, Inc. to provide skilled trades training and career opportunities.

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