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Braun, Klobuchar introduce bipartisan legislation to help Americans save and pay for skills training and credentialing programs

WASHINGTON -- U.S. Senators Mike Braun and Amy Klobuchar reintroduced the Freedom to Invest in Tomorrow’s Workforce Act, bipartisan legislation to allow Americans to use ‘529’ education savings accounts for skills training, credentialing, and certification programs.  Current law only permits workers
United States Susan Collins Tim Kaine Martin Heinrich Dianne Feinstein Joe Manchin

What Is Happening in This Unprecedented U.S. Labor Market? July 2022 Update

Unprecedented labor shortages continue to weigh down the U.S. economy, resulting in higher food prices, cancelled flights, delayed deliveries, reduced public safety, and overcrowded emergency rooms. This Backgrounder examines the current U.S. labor market by diving deeper into the employment trends among different groups of workers with data through May 2022.
United States Adam Smith Annelies Goger Claudia Goldin Melissa Kearney Bill Clinton

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Blanket Loan Forgiveness, Loan Subsidies, and Failed Job-Training Programs Are Not the Answer to Worker Shortages and Inflation

Education plays a critical role in developing workers’ knowledge, skills, and talents—as well as in matching these with new and emerging technologies. As a key factor in determining what and how much workers produce and earn, education is a fundamental component of economic growth and of personal well-being. Poor government policies have created an inefficient and monopolistic higher education system with sky-high tuition costs and a growing skills gap, and recent policies enacted in the nam...
United States New York Tim Scott Larry Hogan Houghton Mifflin Harcourt Preston Cooper

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