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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...

China’s New Premier Needs to Revive Growth. How Far Will Loyalty Get Him?

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By Keith Bradsher and Chang Che from NYT Business Day https://ift.tt/HB4c3io via IFTTT

Why China Is Turning the Screw Tighter on Oversight of Banking and Tech

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By Keith Bradsher and Chang Che from NYT Business Day https://ift.tt/21VdLzm via IFTTT