In this proposal, Harry Holzer outlines ways to boost students and workers in the American economy. He recommends enacting reforms to increase funding for the Higher Education Act of 1965, adding modest taxes on worker displacement, and creating a permanent version of the Trade Adjustment Assistance Community College and Career Training (TAACCCT) grants to fund partnerships among community colleges, workforce institutions, and states.
Recent Hamilton Project author Harry Holzer provides commentary on two new initiatives by President Obama for expanding college opportunities and training for low- and middle-income students.
Hamilton Project Author Harry Holzer comments on recent legislation of the Workforce Innovation and Opportunity Act.
In this policy memo, Harry J. Holzer proposes the creation of financial incentives for public colleges and university systems to offer classes in high-return fields and for employers to offer more training to their employees. This proposal, targeted at disadvantaged youth who have some academic preparation for higher education, aims to generate better labor market outcomes and wage gains. This proposal is chapter eight of The Hamilton Project’s Policies to Address Poverty in America, and a segment in Building Skills.
On November 30, The Hamilton Project at the Brookings Institution held a forum and released new policy proposals on training programs geared toward the needs of today’s workforce. In a rapidly changing global economy, the skills of some workers have become obsolete while other skills are in short supply. By collaborating with industry partners and using evidence about what works, training programs can better prepare workers for jobs with high-demand, both now and in the future.
Less educated workers often experience prolonged periods of unemployment and stagnating wages because they lack the skills necessary to compete in a global economy. In a new Hamilton Project paper, Harry J. Holzer proposes a set of competitive grants to fund education, training, and career counseling initiatives that feature private sector connections based on the experience of existing successful workforce development programs.
The Project hosted a two-part forum on ways to encourage, facilitate, and reward work. Jason Furman provided an overview of a strategy paper, which suggested a long-term approach to expanding opportunity, along with specific near-term policies to promote work and reduce poverty.
This paper proposes a new federal funding stream to identify, expand, and replicate the most successful state and local initiatives designed to spur the advancement of low-wage workers in the United States.