January 7, 2009

Training Older Workers for Regional Industries

The U.S. Department of Labor announces a $10 million competition to connect workers 55 years and older to career opportunities in local industries. "This $10 million competition will result in opportunities for older Americans who want to receive skills training and extend their participation in the workforce," says Secretary of Labor Elaine L. Chao. This solicitation for grant applications under the President's High Growth Job Training Initiative is open to local workforce investment boards as well as other entities that have the support of the local workforce investment board or that demonstrate how their activities will connect to regional talent and economic development strategies. Awards are expected to range from $750,000 to $1 million. Currently, 12.4% of the U.S. population - or one in every eight persons - is over the age of 65. More than 25% of the working population will reach retirement age by 2010. In the global economy, a region's ability to develop, attract and retain a well educated and skilled workforce is a key factor in maintaining our nation's competitiveness. Successful regions connect workforce skills and lifelong learning to regional economic and talent development strategies. Successful proposals will recognize that older workers can contribute to economic growth and their respective regions' key industries.

To find a workforce investment board in your area Google the terms "workforce investment board (type your state)" (Ex., workforce investment board utah) without quotation marks.

[Was this article helpful? Take a moment to rate and comment about it.]

0 comments:

Post a Comment

Comment Policy-Comments are encouraged however; I will not publish comments that will not add value to the discussion. The comments should be unique, rich in content, contain no profanity, and be helpful. Please respect other's comment. Use the contact form if you have link or topic suggestions, interested in advertising on this site, or other matters.

 
Powered by Blogger