The U.S. will spend $1.6 trillion to fund infrastructure, education and jobs
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Google News article Google will spend billions to fund the construction of roads, bridges, water systems, airports and other infrastructure around the country in an effort to keep people and companies working and to boost productivity, Google announced Monday.
The search giant is also investing $400 million in an initiative called Next Generation Jobs, which it described as the world’s largest and most ambitious job-creation program.
Google will also build $1 billion in a grant program to help companies build out their IT infrastructure.
Google is working on projects that aim to create more than 1.3 million new jobs over the next decade.
Google said the grants will support infrastructure and jobs initiatives in more than 50 states, including the states of California, Texas, Massachusetts, Maryland, New York, North Carolina and Pennsylvania.
Google also said it is working with state and local governments to create jobs for thousands of young people.
The company is the nation’s largest technology company.
Google, one of the biggest employers of workers, has been struggling to attract and retain workers in recent years, as technology companies have cut back on the number of employees and technology services companies have been struggling with a shrinking labor force.
Google’s recent quarterly results also showed that the search giant was on track to lose $200 million in the fourth quarter of this year, from the first quarter of 2017.
Google News article Google will spend billions to fund the construction of roads, bridges, water systems, airports and other infrastructure…
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