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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...

Think 9% Inflation Is Bad? Try 90%.

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By Jack Nicas, Ana Lankes and Sebastián López Brach from NYT Business Day https://ift.tt/HP28Fir via IFTTT

Think 9% Inflation Is Bad? Try 90%.

Image
By Jack Nicas, Ana Lankes and Sebastián López Brach from NYT World https://ift.tt/5obpNgr via IFTTT