BlackRock, Inc.
Building America Infrastructure Investment Report
Pages
12
Time to read
24 mins
Publication
Language
English
Pages
12
Time to read
24 mins
Publication
Language
English
This report discusses the investment opportunities in U.S. infrastructure and the workforce needed to support it. It outlines the necessity for approximately $10 trillion to develop AI-driven and traditional infrastructure by 2033, emphasizing the demand for skilled trades such as electricians and plumbers. The report highlights the projected job growth in these sectors, which is expected to exceed the national average due to rising labor demand. It details the role of innovative partnerships among governments, unions, and educational institutions in modernizing training and recruitment efforts to address workforce gaps. Additionally, the report presents the benefits of apprenticeships, which provide pathways to well-paying jobs without requiring a four-year college degree. It emphasizes the importance of investing in human capital alongside physical infrastructure to ensure sustainable economic growth. The document also includes polling data reflecting public support for trade education compared to traditional college degrees, indicating a shift in perception regarding career pathways.