Sunday, December 04, 2005

Department of Labor Awards $125 Million

70 Community colleges have split up a pot of 125 Million in the competition for the presidents Community-based Job Training grants. Although due to Hurricane Katrina preference has been granted to gulf state community colleges because these affected communities have their programs in strong efforts of rebuilding. Still, these 70 grants have been devided up amoung 40 states. Community-Based Job Training grants will help to support the training and growth of of industry through these slected colleges. These grants will also give studnets skills that their local industries require for employment. the training is targeted at jobs expected for high growth and where demand is exceeding supply. How will this effect unemployment nation wide? Will these grants help demand catch up with supply? Do you think the president is looking out for industry than unemplyment?

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