Workforce Development

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America’s Worker Shortage: Why Manufacturing Companies Need Immigrants
Bloomberg Television· 2025-09-28 12:00
You can work in in glass with uh without no experience, without no English. Good for the immigrant and anyone in need job. My job is machine technician.I'm making spots of a window like this. You make it and then put that glove on. Y moved from South Sudan to the city of Fargo 14 years ago seeking a better life.In 2013, she started working at Cardinal Glass and has been an employee there ever since. >> Have uh many immigrant. We work like a family and friend and teamwork and we help we support each other.>> ...
Comcast Opens Flagship Lift Zone at the Aspire Center for Workforce Innovation in Chicago to Advance Digital Skills and Job Training Opportunities
Prnewswire· 2025-09-24 19:15
Accessibility StatementSkip Navigation $500,000 Investment Provides Free WiFi, Advanced Technology and Digital Skills Programming at New Workforce Development Hub in City's Austin Neighborhood CHICAGO, Sept. 24, 2025 /PRNewswire/ -- Comcast today opened a Flagship Lift Zone at the Aspire Center for Workforce Innovation that will advance digital skills and job training opportunities in Chicago. Located in the city's Austin neighborhood, the Flagship Lift Zone is powered by Comcast Business and housed at t ...
Pennsylvania American Water Provides Award-winning Internship Experiences to Prepare Future Workforce for Industry Success
Businesswire· 2025-09-23 15:37
Core Perspective - The future well-being of communities is a top priority for Pennsylvania American Water, emphasizing the importance of preparing today's youth for crucial services like water and wastewater [1] Group 1 - Pennsylvania American Water offers various internships, including a new program specifically for high school students [1] - The internship programs aim to increase awareness, provide real-world experience, and attract industry talent [1] - The company highlights that the future of the industry depends on investing in the next generation [1]
Citizens Expands Workforce Development Commitment to $20 Million
Businesswire· 2025-09-16 15:36
Group 1 - Citizens announced a new $20 million commitment over the next three years (2026 to 2028) to support workforce development programs and long-term economic growth [1] - This investment builds on the successful delivery of the bank's previous $10 million commitment across 2024 and 2025, which exceeded funding expectations [1] - The funding will continue to support nonprofits working to enhance educational and career pathways [1]
The Young World: Turning Africa’s Population into Global Power | Naufal Ahmad | TEDxKangiwa
TEDx Talks· 2025-09-10 16:38
[Applause] wanted to share with us here today is um the significance of Katha in the world not just on the continent but in the world um the entire world regardless of where you're from whether it's Europe or Asia or the Americas is aging and fast. Except for Africa, except for subsaharan Africa, except for Nigeria, but most importantly, except for northern Nigeria. The median age in Germany is 47. In Japan is about 49. The median age in Nigeria is 18.In Kaza, it's even younger. What does that mean. It mean ...
Ally commits over $150 million to workforce development initiatives to drive economic mobility
Prnewswire· 2025-08-11 13:00
Core Viewpoint - Ally Financial Inc. has committed over $150 million in 2025 to support workforce development aimed at enhancing economic mobility through education, career opportunities, and job creation [1][2] Group 1: Financial Commitment and Impact - The company’s Community Reinvestment Act (CRA) efforts in 2025 will generate more than $147 million in loans and investments focused on workforce development, including job creation and retention [2] - Ally Charitable Foundation has awarded over $1.6 million in grants to 57 nonprofit organizations in Charlotte and Detroit, with nearly $1 million allocated to Detroit-based organizations and $700,000 to Charlotte-based organizations [3] - Total grantmaking by the Ally Charitable Foundation in 2025 is nearly $3 million, supporting 113 nonprofits across Charlotte and Detroit [3] Group 2: Community Engagement and Support - There has been a 113% increase in grant requests since 2022, indicating a significant need for community support [4] - Ally's initiatives include partnerships with local organizations to provide educational and professional development opportunities, such as the "Saturdays in the D" program in Detroit [4] - In Charlotte, Ally participates in the Tech Rising collaborative, which aims to bridge the digital divide and supports local nonprofits through grants [5] Group 3: Workforce Development Programs - Ally invests in programs that support the next generation of workers, including the University Growth Fund and the Small Business Investing Scholars Program [6][7] - The company emphasizes not only job creation but also the quality of jobs, focusing on low- to moderate-income individuals and communities [7] - Ally has a long-standing relationship with The Other Side Academy, providing nearly $1.5 million in grants to support workforce preparedness for formerly incarcerated individuals [8]
CenterPoint Energy building the workforce of the future to implement $53 billion in long-term investments to support Houston's growth and critical resiliency work
Prnewswire· 2025-07-25 09:00
Core Points - CenterPoint Energy is accelerating hiring efforts to recruit 200 new lineworkers by the end of 2025 and nearly 800 by 2030 to support local energy demands and infrastructure investments [1][3] - The company is investing over $53 billion in local energy projects as part of its 10-year capital expenditure plan, which aims to enhance the resiliency of the coastal grid [1][2] - The local demand for electric workers in the Greater Houston area is projected to exceed 11,000 workers over the next five years, with energy demand expected to increase by nearly 50% by 2031 [3] Workforce Development Initiatives - CenterPoint is launching the Energy Expressway™ program, a free multi-week training initiative designed to equip participants with technical and customer service skills for careers in the energy industry [4] - The inaugural class of the Energy Expressway™ program will begin in October, with 35 applicants selected to support apprentice and journey lineworkers [4] - The workforce expansion is critical for implementing the 2026-2028 Systemwide Resiliency Plan, which aims to reduce outages for customers by nearly 1 billion minutes by 2029 [3] Company Overview - CenterPoint Energy, Inc. serves approximately 7 million metered customers across multiple states, including Texas, and has approximately $44 billion in assets as of June 30, 2025 [6] - The company has a long history of over 150 years in providing electric and natural gas services and employs around 8,300 individuals [6]
Comfort Systems Usa EPS Jumps 75 Percent
The Motley Fool· 2025-07-25 05:37
Core Insights - Comfort Systems USA reported strong Q2 2025 results, exceeding Wall Street estimates with GAAP EPS of $6.53 and revenue of $2.17 billion, reflecting significant year-over-year growth [1][2] Financial Performance - GAAP EPS reached $6.53, surpassing the estimate of $4.84, and increased by 74.6% from Q2 2024's $3.74 [2] - GAAP revenue was $2.17 billion, exceeding the forecast of $1.97 billion, and up 20.1% from $1.81 billion in Q2 2024 [2] - Net income (GAAP) rose to $230.8 million, a 72.2% increase year-over-year [5] - Operating income surged 62.4% to $299.9 million compared to Q2 2024 [5] - Operating cash flow climbed to $252.5 million, representing a 33.0% increase year-over-year [6] - Adjusted EBITDA was $334.1 million, up 50.1% from $222.7 million in Q2 2024 [2] - Backlog reached a record $8.12 billion, increasing by $1.23 billion from the prior quarter and $2.35 billion from a year ago, indicating strong future demand [7] Business Overview - Comfort Systems USA specializes in mechanical, electrical, and plumbing contracting for various facilities, including data centers, hospitals, and schools [3] - The company focuses on operational excellence, workforce development, technological innovation, and market diversification as key growth pillars [4] Operational Highlights - Gross profit margin improved to 23.5%, up from 20.1% in Q2 2024, attributed to superior execution in the field [5] - Service revenue from maintenance and repair constituted 15% of overall sales, while modular construction accounted for 19% [8] Strategic Developments - The acquisition of Century Contractors is expected to contribute approximately $90 million in annual revenue for 2025, reflecting a disciplined approach to acquisitions [9] - The company raised its quarterly dividend by 50% to $0.45 per share, indicating confidence in cash generation and business trends [11] Future Outlook - Management expressed optimism regarding project visibility for fiscal 2026, although no explicit guidance was provided for the next quarter or full year [12]
Why Trump's labor secretary created the Office of Immigration Policy amid mass deportations
Yahoo Finance· 2025-07-03 18:10
Labor Market Overview - The labor market shows strength with state and local governments leading job growth [1][2] - Private sector job growth is expected to increase [2] - Uncertainty around tariffs and immigration policies may be holding back stronger job growth [3] - The administration is focused on workforce development through initiatives like apprenticeships, with one million active apprentices [4] Employer Sentiment - Employers express excitement about the current economic environment, particularly regarding workforce development [5][6] - Businesses are seeking investment and innovation in workforce development, including skills training and upskilling [6][7] Tax Bill Impact - Passing the tax bill is seen as crucial for alleviating uncertainty and encouraging business investment [8][13] - The tax bill aims to eliminate taxes on overtime, tips, and social security, allowing workers to keep more of their earnings [9][10] - Failure to pass the tax bill could result in a tax hike for American workers [11] - The tax bill could lead to increased investment in workforce training and upskilling through block grants to states [13][14] Immigration and Labor Supply - The administration emphasizes securing the border and employing American-born workers [17] - The Department of Labor is creating an Office of Immigration Policy to streamline the process for employers to hire temporary migrant workers, particularly in agriculture (H2A and H2B visas) [18][19] - The goal is to modernize and improve the efficiency and affordability of existing legal immigration programs to meet workforce needs [19][20]
Loftin Commits to Workforce Development with UTI Partnership
Prnewswire· 2025-06-30 13:15
Core Insights - Universal Technical Institute (UTI) has partnered with Loftin Equipment Company to enhance hands-on training opportunities for students in Texas and Arizona [1][5] - The partnership allows students to gain practical experience in the power generation field while pursuing their education, with potential for full-time employment upon graduation [3][5] Group 1: Partnership Details - Loftin Equipment Company has joined UTI's Early Employment Program (EEP), which currently includes over 140 employers [2] - Students in UTI's Diesel Technology programs at campuses in Houston, Dallas, Austin, Texas, and Avondale, Arizona, are eligible to apply for positions with Loftin [3] - The program offers 20 to 30 hours of paid work experience, consideration for full-time employment, and reimbursement for education-related expenses after graduation [2] Group 2: Benefits for Students - Selected students will receive up to $25,000 in tuition reimbursement, a $3,000 tool assistance program, and compensation that is 20% above industry standards [5] - Students will perform maintenance, diagnostics, and commissioning of generator systems while continuing their education [5] - Comprehensive health and wellness benefits, a retirement plan, and ongoing career training opportunities are also provided [5] Group 3: Company Background - Loftin Equipment Company, founded in 1976 and headquartered in Phoenix, Arizona, specializes in power generation solutions and is focused on building a skilled technician workforce [1][4] - UTI, founded in 1965, is a leading workforce solutions provider with 15 campuses across nine states, offering education in transportation, skilled trades, electrical, and energy training programs [7]