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The Plunger

Oct 15, 2026 · 0:28

Dirk Hanlon: 55 trainees per 100 skilled-trade jobs, one report counts (from an alliance founded by BlackRock, Ford, Google and Carhartt; 1.7 million openings a year through 2035). Gus: plumbing, easy money. Dot: Father, half of trainees quit; Ford's boss blames car and childcare costs. (The BlackRock chief says the shortages are already slowing projects.) Lorraine: would you feel respected, dear? Gus: 84% say the trades deserve respect. Dot: 33% would feel it. Gus: I'll keep the plunger.

The report Fink was speaking to in Detroit, from an alliance his own firm founded with Ford, Google and Carhartt, counts about 1.7 million skilled-trades openings a year through 2035 with only 55 people in training for every 100 jobs, about half of whom finish; 84% of students say the trades deserve respect but only 33% would feel respected doing them, and Fink says the shortage of plumbers, welders and electricians is already slowing projects.

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unusual_whales post: BlackRock CEO Larry Fink says America has lost the bedrock of America, as there is no "longstanding career" anymore.

X · Oct 14, 2026

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