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  • 8 minutes ago
“There's no doubt there's a skilled trade shortage now.”

At the Fortune COO Summit, Dycom Industries CEO Dan Peyovich said it's a great time to be in the skilled trades, but finding workers has become more challenging as fewer people enter the workforce with hands-on experience.

“You're taking somebody that was playing Xbox on mom and dad's couch and you're going to try and upskill them to be out in the elements, working with tools. That's a tall order,” Peyovich said.

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Transcript
00:00It is a great time to be in the skilled trades, right?
00:02There's no doubt there's a skilled trade shortage.
00:04Now, being a big skilled trades advocate, I get really excited to talk about that.
00:09I'm still hopeful that in my lifetime that people really see that as being just as an attractive track as
00:14going to the college route.
00:14You wanted to be a carpenter, didn't you?
00:16I did. I mean, that's how I started, and I really enjoyed it, right?
00:21I mean, I wanted to make more money, but I really enjoyed what I did.
00:24But filling the skilled workforce in today's world is not like it used to be,
00:27because you don't have people that have had a lot of outside elements exposure or worked on farms that you
00:32can pull in.
00:33You're really taking somebody that, you know, I use the joke, but it's not really a joke because I have
00:37two college kids.
00:38The kid that was playing Xbox and mom and dad's couch, and you're going to try and upscale them to
00:42be out in the elements,
00:42working with tools, working with customers, working in difficult situations, and that's a tall order.
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