US Department of Labor awards $86M to 14 states for investment in skills training programs for critical in-demand, emerging industries

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US Department of Labor awards $86M to 14 states for investment in skills training programs for critical in-demand, emerging industries WASHINGTON – The U.S. Department of Labor today announced the award of more than $86 million in Industry-Driven Skills Training Fund grants to 14 states to accelerate innovation, strengthen domestic production, and address critical workforce needs across the country, with more than $20 million of the funding supporting the revitalization of the domestic shipbuilding industry, training workers in welding, marine electrical, manufacturing, and other skilled trades.Administered by the department’s Employment and Training Administration, these grants will provide outcome-based reimbursements to employers for providing training in high-demand and emerging industries that align with President Trump’s Executive Order 14278, Preparing Americans for High-Paying Skilled Trade Jobs of the Future, and Executive Order 14629, Restoring America’s Mariti...
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Statement by Acting Secretary of Labor Su on June jobs report

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Statement by Acting Secretary of Labor Su on June jobs report
WASHINGTON – The Acting Secretary of Labor Julie Su issued the following statement on the June 2024 Employment Situation report:   “Today, the Bureau of Labor Statistics reported that the American economy added 206,000 jobs in June. The prime-age labor force participation rate hit a 22-year high, and the unemployment rate remains low at 4.1 percent. This strong jobs report demonstrates another month of steady, stable economic growth.  “Employment gains were widespread across industries, with notable growth in health care, social assistance, construction and local government. Increased employment in these sectors is not only meaningful for workers and their families, but these jobs will improve the lives of all Americans as cities and towns hire more first responders, firefighters, librarians and other city workers.  “The June jobs report continues to show that President Biden’s economic strategy is delivering for American workers. The Biden-Harris administration remains focused on bringing good jobs to every industry and every community, and we will build on this progress so that every American has access to a family-sustaining job with security and opportunity.” 

Published at July 05, 2024 at 05:00AM
Read more at https://dol.gov

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