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Job Creation/Training

New reforms aim to streamline job titles and help managers identify top candidates more quickly after years of losing talent to faster-moving employers.
While the unemployment rates are close to pre-pandemic levels, employers are still struggling to fill positions. Statewide, businesses reported about 30,000 fewer workers than in February 2020.
A recent study found that the state’s investment to connect 238,000 households by 2026 would raise worker wages, help bridge digital divides and boost the state’s labor income by $843 million annually.
The U.S. House passed YouthBuild for the Future act as part of the larger $78 billion Workforce Innovation and Opportunity Act. The bill now moves to the Senate.
The state saw a civilian labor force gain of 14,000 and an employment increase of 19,000 last month. April was the 12th consecutive month of job growth and 10th consecutive month of unemployment decline for the state.
The state has been under total Democratic control for four years, but a tumultuous two years with law enforcement, workforce development and the pandemic has some predicting that Republicans could regain control in November.
Our public education system is too focused on preparing students for four-year colleges. When an auto mechanic can pull down a six-figure salary, it’s clear that career and technical education should be getting a lot more support.
The Texas city’s manufacturing jobs reached 52,000 last fall, its highest level in more than two decades; employment in auto manufacturing more than doubled over the last 20 years.
State and local officials have promised the electric vehicle maker free land, a state-owned training center, a new interchange along I-20 and tax breaks in exchange for a local factory that would create 7,500 jobs.
To combat the continuing labor shortage, many companies are reconsidering hiring requirements and are “downcredentialing” their job openings. Many expect this reclassification to continue beyond the pandemic.
Three Wall Street firms will commit $3 million each for the next 10 years for the “Investing in Black Futures” initiative, which will recruit, train and mentor students from four historically Black colleges and universities for finance careers.
Gov. Phil Murphy announced that Danish company Ørsted will lease the Lower Alloways Creek Township port for two years beginning in 2024 to build wind farm parts, which will create at least 200 jobs for the region.
The Minnesota city has received more than $1 million from the state to help prepare individuals for new careers, particularly in the health care, construction, IT and manufacturing fields.
A Pew analysis finds that a third of states lost residents in 2021. Analysts are debating whether these shifts and slowing population growth rates throughout the country really are signs of “demographic doom.”
A new report found that just more than one-third of the California county’s 190,000 total jobs were “quality jobs.” But a public-private initiative wants to upgrade the region’s employment by about 20 percent.
It’s a fast-growing, multibillion-dollar industry that provides lots of jobs and consists mostly of small businesses. But it’s poorly understood by economic developers.