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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...

Unemployment Is Low. Inflation Is Falling. But What Comes Next?

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By Ben Casselman from NYT Business Day https://ift.tt/SEx9wJ8 via IFTTT

The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

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By Ben Casselman from NYT Business Day https://ift.tt/9ixJ2I4 via IFTTT

Another Big Boomer Effect

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By Ben Casselman from NYT Briefing https://ift.tt/La9Pe3j via IFTTT

Job Market Cooled but Was Still Strong in August

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By Ben Casselman from NYT Business Day https://ift.tt/ANPZ0Ym via IFTTT

Is Recession Staring Us Down? Already Upon Us? Here’s Why It’s Hard to Say.

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By Ben Casselman from NYT Business Day https://ift.tt/hZ5qTDW via IFTTT

U.S. Economy Shrank in First Quarter, but Underlying Measures Were Solid

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By Ben Casselman from NYT Business Day https://ift.tt/PWwjV4M via IFTTT

Jobs Report Offers Little Reassurance on U.S. Economy

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By Ben Casselman from NYT Business Day https://ift.tt/3FriFOe via IFTTT