Business
Electricians: Demand for electrical experts is surging

Electricians: Demand for electrical experts is surging

Surging

The job market for electricians is booming. Driven by a seismic shift to electrify-everything, the Bureau of Labor Statistics predicts that 80,000 new electrician jobs will be created annually until 2031, taking the total number pursuing the profession over the 1 million mark for the first time in over 30 years.

Soaring demand for specialist knowledge to install solar panels, electric vehicle chargers, electric stoves, and more, means an increasingly attractive pay packet for those in the industry. Indeed, the average electrician's hourly wage in April was up an inflation-busting 7.4% year-over-year. That takes the average hourly pay in the industry to $37.50 — or an annual salary of roughly $78,000.

Power up

However, the industry faces a significant challenge in attracting younger generations to join the trade. Outdated perceptions and underestimations of the potential earnings associated with skilled trades, including electricians, persist among many high school graduates.

Flipping the switch on these misconceptions, and encouraging more women to become electricians — currently just 2% of employed electricians in the US are women — will be crucial in keeping the profession fully charged.

More Business

See all Business
Delta Airlines empty plane interior

Delta, the K-shaped airline

Delta’s premium ticket sales grew more than 7% in 2025. Its main cabin ticket sales fell 5%.

business

Paramount sues Warner Bros. for more info on its deal with Netflix, says it plans to nominate new directors

It’s a fresh week and that means a fresh bit of escalation in the ongoing Warner Bros. Discovery merger drama.

At an upcoming meeting, Paramount Skydance plans to “nominate a slate of [WBD] directors who, in accordance with their fiduciary duties, will... enter into a transaction with Paramount,” CEO David Ellison wrote in a letter to WBD shareholders disclosed on Monday.

Ellison also said that Paramount sued WBD in Delaware court in an effort to force the board to disclose “basic information” that will allow shareholders to make an informed decision between Paramount’s offer and one from Netflix. WBD shares dipped about 2% on Monday morning.

The latest update follows Paramount’s move last week to reaffirm — but not raise — its $30-per-share offer for WBD. Some saw that decision as Paramount effectively throwing in the towel on its merger hopes, given that the same deal has been rejected twice by the WBD board and winning over shareholders directly is a difficult process. Monday’s disclosure appears to signal that whether it loses or not, Paramount isn’t going to make Netflix’s acquisition easy.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.