The article discusses a critical shortage of mechanics and electricians in the U.S., highlighting a significant initiative spearheaded by Bloomberg Philanthropies and Ford, which includes a $90 million program aimed at addressing this workforce gap. Ford's CEO, Jim Farley, reports a current shortage of about 5,000 technicians at their dealerships, which leads to increased labor costs and delays in repairs, ultimately affecting customer satisfaction.

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https://www.wsj.com/business/autos/the-u-s-needs-mechanics-and-electricians-big-business-is-spending-to-create-some-7ea1f06c

The U.S. Needs Mechanics and Electricians. Big Business Is Spending to Create Some.

Bloomberg Philanthropies launches new $90 million program, Ford partnership

Te-Ping Chen

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Two people in safety vests and tool belts cutting wood near the Accelerate Montana mobile training unit. A mobile training unit supported by Lowe’s Foundation.Lowe’s Foundation

Every morning, the chief executive of Ford Motor F-2.87%decrease; red down pointing triangle checks the same number: How big is the nationwide mechanic shortage at its dealerships? Lately it has hovered around 5,000.

It was even worse a couple of years ago, but this is still a yawning gap the automaker has to close, Chief Executive Jim Farley said. The technician shortage drives up labor costs and delays repairs. “Customers are feeling the pain,” Farley said in an interview.

The U.S. Needs Mechanics and Electricians. Big Business Is Spending to Create Some.

The U.S. Needs Mechanics and Electricians. Big Business Is Spending to Create Some.

Bloomberg Philanthropies launches new $90 million program, Ford partnership

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