Lockheed Martin, FedEx, and Walmart among more than 300 companies on track to to hire or train more than 3.8 million workers in five years as promised to Trump in signed “Pledge to America’s Workers.”
In July 2018 President Trump established the President’s National Council for the American Worker and launched the Pledge to America’s Workers. The program signed on more than 20 companies and business groups, which committed to hire or train more than 3.8 million workers over the next five years.
As many as 83% of employers reported difficulty finding workers with the right skills. And according to American Action Forum , a center-right think tank, the skills gap will end up costing the U.S. economy $1.2 trillion over the next 10 years. Yahoo Finance looked into what a handful of companies that signed the Pledge to America’s Workers have been doing to bridge their own workers’ skills gap.Story continuesLockheed Martin is the prime contractor building NASA’s Orion, the spacecraft designed for deep space exploration. The company – as well as others – is working in partnership with NASA to deliver on Trump’s space exploration goals.
This was the first time the retail giant publicly committed to a specific number of associates they’re investing in. Workforce training is “hugely important for Walmart,” and being able to partner with the White House was one of the main reasons the mega retailer got involved, said Walmart spokesperson Kory Lundberg.
“We are encouraged by the Administration’s commitment to ensuring American workers develop the appropriate skills and have access to the training needed for today’s in-demand jobs and the jobs of the future,” FedEx CEO Frederick Smith, who is a member of the White House’s American Workforce Policy Advisory Board, said when he joined the pledge last year.Hill International Trucks pledged to hire and train 50 workers over the next five years.
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