Sunday, December 04, 2005

U.S. Department of Labor Anounces 3.5 Million Dollar Grant

The U.S. department of labor has anounced the release of a 3.5 million dollar grant. This Grant will be used to increse the skills of IT workers in Arizona. this grant is part of the presidents High Growht Job Training Initiative. This will help expand industries by providing highly skilled workers. Currently in Arizona there is a shortage of highly skilled workers in the IT field. The money will be put towards new course curricula in engeneering ang testing. The students who pass their final exams will be certified in industry-recognized SQE certifications. With an estimate of 20 Community College instructors, over 1,500 students will be trained in a 3 year period. This training will make it easier for students to take advantage of jobs in high demanding areas. What effects do you think this will have on labor supply and demand in Arizona? What effects do you think it will have Nation Wide? Is this a good way, economically to spend government grants? Will this have a possitive affect on the economy and unemployment?

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