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US – Obama to sign bill improving worker training

On Tuesday, President Obama and Vice President Biden will announce new executive actions on job training at the signing of the Workforce Innovation and Opportunity Act Capture d’écran 2014-07-22 à 09.02.07 Congress and the President have finally found some common ground: Obama will sign the first significant legislative job training reform effort in nearly a decade on Tuesday. The Workforce Innovation and Opportunity Act passed by Congress on July 9 will streamline the federal workforce training system, trimming 15 programs that don’t work, giving schools the opportunity to cater their services to the needs of their region, and empowering businesses to identify what skills workers need for success and help workers acquire them.

Chosen excerpts by Job Market Monitor. Read the whole story at  Obama to Sign Bill Improving Worker Training | TIME. Related Posts

Biden and the Skills Gap in US / 47 overlapping programs in 2009 says GOP

More than 10 million Americans are jobless, but about 4 million jobs were unfilled at the end of November, according to the Bureau of Labor Statistics. Many economists and industry experts attribute the disparity to a gap between workers\’ skills and the skills employers need. “There are plenty of jobs out there, and there’s a … Continue reading 

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 

Workforce Training Investments in US / A comparaison

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%) … Continue reading 

White House Meets Business / To discuss better job training and discrimination against long-term unemployed

The White House released a list of 23 corporate or small business leaders joining with Obama and Vice President Joe Biden to discuss better job training to expand manufacturing capacity and help people who have been jobless for years re-enter the workforce. They include AT&T Inc., CVS Caremark Corp., JPMorgan Chase & Co. and The … Continue reading 

US / The Future of Federal Workforce Development Policy – A video from Brookings Institution

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 

OECD – United States: income support would provide much greater value to the unemployed if they were offered in tandem with a more active set of re-employment services

‘Although job creation has improved and the unemployment rate has come down from a high of 10.0% in October 2009, the effects of the recession on the labour market remain‘ writes, unsurprirsingly the OECD in Economic Survey of the United States 2012. (Adapted excerpts by JMM)

Monetary and fiscal policies will never suffice to reduce long-term unemployment

One of the main policies to reduce long-term unemployment is an active labor market policy. The OECD publishes each year data on Government investments in labor market programs like training and wage subsidies. Gemany and the Scandinavian countries are champions of active labor market policies. This is well known. But, less known is the fact that the US are not. US investment in active labor market programs before the Great recession wasbelow the OECD average, nearly 4 times lower: 0.13% of GDP vs 0.48%. Continue reading 

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