Tag: workforce development

Youngkin Says Budget Proposal Will Include $350 Million More for Site Readiness, Priority on Dual-Enrollment Programs for High School Students

Eric Burk

Governor Glenn Youngkin said Friday his upcoming budget amendment proposal would include $350 million in additional funds for site readiness to add to the $150 million already allocated in the biennial budget. Youngkin told attendees at the Virginia Economic Summit and Forum on International Trade that despite Virginia’s pro-business advantages like the port, the Commonwealth’s workforce, and right-to-work, Virginia needs to do more to attract businesses.

“Virginia often is not selected by businesses, particularly by manufacturing projects, because megasites aren’t ready. Simply put, it’s not that we don’t have enough inventory, we don’t really have any. Since 2016, a lack of project-ready sites has cost Virginia more than 55,000 jobs and $124 billion in capital investment,” he said.

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Missouri Economic Leaders Give Glimpse of How $2.6 Billion in Federal Pandemic Funds Will be Spent

The Center Square
Maggie Kost

Missouri’s Department of Economic Development (DED) recently previewed how Gov. Mike Parson plans to allocate the state’s $2.6 billion portion of federal pandemic funds.

In late December, Maggie Kost, acting director of the DED, outlined major priorities for Missouri’s portion of the more than $195 billion in American Rescue Plan Act (ARPA) funds. A total of $350 billion will be delivered to the 50 states and the District of Columbia and local and Tribal governments throughout the nation to support the response and recovery from the COVID-19 pandemic. The total amount of ARPA funds, passed in March 2021, is $1.9 trillion.

“We want to give you an idea of what to expect as we get into the legislative and budget session here in January,” Kost said. “As you’re planning and setting priorities locally for communities, we want to make sure you have an idea of what’s to come so you can think about how to leverage state funds as you’re building out your local priorities.”

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Wisconsin Manufacturers & Commerce Chief: Gov. Evers Misses the Mark with Workforce Development Money

The Center Square

The state’s largest business group says Gov. Tony Evers’ could have done better with his latest workforce development effort.

The governor on Tuesday announced plans to spend $60 million in coronavirus stimulus money to try and get more people back to work in the state.

“There is no one-size-fits-all solution to addressing the workforce challenges across our state, so these funds are critically important to encourage regions and communities to develop cutting-edge, long-term solutions to the unique workforce challenges they face,” the governor said.

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New Tennessee Jobless Claims Hit Pandemic Low as State Ends Federal Supplemental Benefits Next Week

The Center Square
Help wanted sign

Tennessee had its lowest number of new unemployment claims last week since the impact of COVID-19 began in March 2020.

The state’s Department of Labor and Workforce Development reported 4,736 new claims the week ending June 19. It’s the first time that total was less than 5,500 in a week since the week of March 14, 2020.

The previous low during that stretch was 5,789 for the week of Nov. 28, 2020.

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