In the “something you didn’t know existed that is now going away” category: The president’s Council on Jobs and Competitiveness is set to end tomorrow. It came together two years ago, to generate ideas and policies for accelerated job creation. I asked economist Gary Burtless at the Brookings Institution what he thought about the president’s jobs council calling it quits.
“Well, as probably more than one economist would remark to you, I didn’t even remember we had one,” he says.
Most of the American public would answer the same, though the 26 members of the council did include some big names, mostly CEOs from companies like GE, Intel and DuPont. Burtless says the general idea was to have leaders in the business community offer advice to the president on how jobs could be created more quickly with government help.
Choosen excerpts by Job Market Monitor from
President Barack Obama’s Jobs Council hit a notable milestone on Thursday: one year without an official meeting. The 26-member panel is also set to expire at the end of the month, unless Obama extends its tenure. The group, formally known as the President’s Council on Jobs and Competitiveness, last convened on Jan. 17, 2012 for … Continue reading »
During the past two weeks, President Barack Obama’s campaign has blasted Republican challenger Mitt Romney as an “outsourcer,” focusing on his career with private equity firm Bain Capital. The Romney campaign hit back on Tuesday, claiming Obama’s stimulus package failed to protect American workers and helped create jobs overseas. If Romney really wanted a juicy …Continue reading »
The overhaul of the Workforce Investment Act (WIA) in the late 1990s put in place a new framework to provide federal job training programs to workers and to “improve the quality of the workforce, reduce welfare dependency, and enhance productivity and competitiveness.” Reauthorization of WIA is long overdue, as the Act’s provisions technically expired nearly … Continue reading »
“Around the world, governments and businesses face a conundrum: high levels of youth unemployment and a shortage of job seekers with critical skills” writes Mona Mourshed, Diana Farrell, and Dominic Barton in a McKinsey in Its report Education to Employment Designing a system that works. (Adapted choosen excerpts by Job Market Monitor to follow) How can a country successfully move … Continue reading »
During the election campaign the need for jobs got attention, but neither candidate took the trouble to explain how, exactly, jobs are created. Contrary to what politicians claim, jobs start not with government but investors. In the wake of election rhetoric, the realities of investment need restating. Investors are people in a position to invest … Continue reading »
Community colleges have long played a key role as an entryway to better career opportunities for adults in the workforce. But with the job market more competitive than ever and the unemployment rate stubbornly stuck near 8%, community colleges across the country are launching new initiatives that are more aggressive in helping unemployed Americans find … Continue reading »