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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

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...

With Property Sales Plunging, China Evergrande Faces More Protests

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By Alexandra Stevenson and Cao Li from NYT Business Day https://ift.tt/3t0p13c via IFTTT

Evergrande Crisis Shows Cracks in China’s Property Market

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By Alexandra Stevenson and Cao Li from NYT Business Day https://ift.tt/3hPTNFO via IFTTT

Why China’s Economy Is Threatened by a Property Giant’s Debt Problems

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By Alexandra Stevenson and Cao Li from NYT Business Day https://ift.tt/3BXmZ5c via IFTTT