AI could lead to record unemployment among new grads: Fink
NewsBytes | March 19, 2026 1:39 PM CST
Shift in job focus
Fink explained that AI is pushing employers to value skilled trades, like electricians and HVAC techs, over traditional four-year degrees.
With more data centers popping up to power AI, demand for these roles is rising fast.
To help bridge the gap, BlackRock is putting $100 million into training 50,000 people in trades like plumbing and ironwork over the next five years.
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