We spend $3. billion in federal funds to prepare people for million jobs (4%) that require middle- skill training. That’s enough to train 451,000 people, a small fraction of the 16 million who could benefit from investments in access to training.
We spend $ billion in federal funds to prepare people for 5million jobs (3%) that require a four-year degree. That’s enough to serve million of the 3 million people who could benefit from investments in traditional access to college.
Chosen excerpts by Job Market Monitor. Read the whole story at Proportionate Investment? Why America Needs a Better Plan for Investing in People
Related articles
President Obama 2014 State of the Union (Video) / Vice President Joe Biden would oversee a job-training-reform program
President Obama devoted a substantial portion of his 2014 State of the Union speech last night to explaining how he plans to improve the nation’s economy by connecting unemployed workers with skills-starved employers and strengthening the manufacturing sector. “That means more on-the-job training, and more apprenticeships that set a young worker on an upward trajectory … Continue reading »
President Obama’s Jobs Programs / The first of three institutes announced
President Obama, seeking to fulfill a pledge from his last State of the Union address before his next one in two weeks, traveled to North Carolina on Wednesday to announce the establishment of a manufacturing institute to help create well-paying jobs. A consortium, led by North Carolina State University and comprising 18 companies and six … Continue reading »






Discussion
Trackbacks/Pingbacks
Pingback: US – Obama to sign bill improving worker training | Job Market Monitor - July 22, 2014
Pingback: Employer-Sponsored Training in Canada – Firms invest $240 per employee annually and lag their international peers in rates and hours of instruction | Job Market Monitor - July 3, 2023