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Schwarzenegger proposes $500 million for worker training

January 6, 2010 By boston-biz-whiz

http://www.latimes.com/news/lo…

There’s an interesting discussion in CA on how to get the economy moving and put people back to work:

“..Schwarzenegger is expected to tell lawmakers that the training proposal could give new skills to 140,000 workers, leading to 100,000 jobs. A state board called the Employment Training Panel would spend $200 million over 18 months on contracts with employers or employee associations to train workers. The cost of the training, an average of $1,400 per worker, would be reimbursed after the employee has worked for three months.

The governor will propose an additional $300 million to pay employers $3,000 for every person who, after receiving unemployment benefits, is trained in a job and stays in it for nine months.”

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Filed Under: User Tagged With: economic-development, stimulus, unemployment, workforce-development

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