You think the skilled worker shortage is bad now? It could get worse.
We’re almost two weeks into sequestration, and queued on the chopping block is federal funding for training programs. Last month, the National Skills Coalition released a report: “Disinvesting in the Skills of America’s Workforce – The Potential Impact of Sequestration on Key Federal Employment and Training Programs."
According to the report, “federal workforce development programs will be deeply impacted by these cuts. Despite federal disinvestments of more than 30 percent since 2001—with more than $1 billion in cuts just since 2010—critical employment and training programs stand to lose at least another $460 million in 2013 if the sequesters go into effect. (more...)