At a time where the need for skilled workers continues to be the pain point of employers nation wide, we must rethink how we fund our workforce system.
"A well-funded workforce development system can empower people to increase their economic mobility, help businesses grow, and prepare youth for the world of work. Unfortunately, the U.S. workforce development system has been underfunded for years. Funding for the three primary formula grant programs for youth and adults under WIOA has sustained a 50 percent cut (when adjusted for inflation) since 1990. If we are going to employ America’s workforce development system to effectively serve workers—especially those who have historically faced systemic barriers to economic advancement—policymakers must prioritize the needs of jobseekers and workers and significantly increase funding for this ecosystem. This includes an increase in WIOA funding to a level of at least $35 billion (about $110 per person) for the adult, dislocated worker, and youth formula grants; and funding for the broader workforce development ecosystem at a level of $80 billion (about $250 per person), consistent with the investments of other member countries of the Organization for Economic Co-operation and Development."
In a new paper from the Workforce Transformation Policy Council, the Task Force on Better Serving Diverse Populations in the U.S. Workforce Development System outlines their federal workforce policy recommendations, details actionable ways policymakers can begin to transform our long-underfunded #workforcedevelopment system, and breaks down five crucial design principles for serving diverse populations.
The task force, established by JFF and the National Association of Workforce Boards, identifies strategies for building people-first, equity-centered, data-driven, and locally responsive policies that effectively serve jobseekers and workers—especially those who have historically faced systemic barriers to economic advancement—and that significantly increase funding for this ecosystem, particularly for #WIOA.
Read the report: https://lnkd.in/d-asPSKB #wkdev #federalpolicy
Improving Services and Outcomes for Diverse Populations in America’s Workforce Development System
jff.org