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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 Cities Are Buried in Debt, but They Keep Shoveling It On

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By Li Yuan from NYT Business Day https://ift.tt/pCP9Ksv via IFTTT

Xi Jinping’s Vision for Tech Self-Reliance in China Runs Into Reality

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By Li Yuan from NYT Technology https://ift.tt/Fbl4egi via IFTTT

Covid Lockdowns Revive the Ghosts of a Planned Economy

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By Li Yuan from NYT Business Day https://ift.tt/SMkucCr via IFTTT

Migrant Worker’s Tale of Inequality Grips China, Then Is Erased

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By Li Yuan from NYT Business Day https://ift.tt/Ner6loBxg via IFTTT