JLL Partners

private equity firm, formerly Joseph Littlejohn & Levy

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America faces a skilled trades workforce crisis amid rapid retirements
business Apr 21, 2026, 2:00 AM
America faces a skilled trades workforce crisis amid rapid retirements
  • The U.S. skilled trades workforce is aging quickly, with over 1 in 5 construction workers over the age of 55.
  • The retirement-to-replacement ratio in skilled trades sectors highlights a significant supply-demand imbalance.
  • Addressing the shortage of skilled trades workers is crucial for supporting emerging industries, including AI infrastructure.
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Mass business exodus myth: talent embraces New York City over Florida
business Apr 8, 2026, 2:00 AM
Mass business exodus myth: talent embraces New York City over Florida
  • Jamie Dimon highlighted the impact of high taxes in New York on business and talent retention.
  • Despite some migration to Florida, New York remains a top choice for skilled professionals, particularly among those with elite education.
  • The findings suggest that New York's workforce and real estate markets show resilience, challenging claims of a mass business exodus.
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