Jobs News

Working Toward a Tech Sector that Reflects America

Yesterday, I had the pleasure of speaking at the Technology Inclusion Summit, hosted by Chief Technology Officer Todd Park, the Office of Science and Technology Policy, and the Level Playing Field Institute. It was an amazing gathering of private and public partners who are united in their efforts to expand opportunities for training, education and jobs in technology.

President Obama has always believed that technology is an essential part of growing our economy, creating jobs and remaining globally competitive. The President continues to be committed to encouraging the entrepreneurial spirit in our country, starting with setting a goal of 1 million Science Technology Engineering Math (STEM) graduates over the next decade. This effort also means that we need to collectively act to knock down any barriers that stand in the way.

Last August, during the Tech Inclusion Roundtable, participants came up with some great private-sector initiatives to help drive innovation across every community. Whether it was pioneering new educational tools for students of all ages, bringing technical training to underrepresented communities, or mobilizing tech company CEOs to establish mentoring programs for young people, every one of these initiatives and ideas has the potential to shape America’s future.

Hispanic-American Families Just Can’t Afford Tax Increases

As the debate over the so-called "fiscal cliff" in Washington continues, much of the conversation centers on deficit reduction, revenues, and tax rates. But what is easily lost in that conversation is the very real meaning this has for families all across America. The fact is Hispanic-American families just can't afford tax increases right now, but that's what will happen if Congress fails to act. In fact the median Hispanic family of four would see their income taxes rise by $2,200. An astounding 99 percent of Hispanic families will be affected.

President Obama is committed to growing our economy from the middle out by ensuring a strong, secure, and thriving middle-class, and is proposing a balanced approach. There is no reason to hold middle-class families hostage while we debate tax cuts for millionaires and billionaires. Below you'll find a link to a fact sheet that shows how Hispanic families will be affected. We're also asking all of you to tell us what $2,000 means to your family's budget. Take a look at our #My2K page, and tell us on twitter what that money means to you.

And download the fact sheet on the Fiscal Cliff and Hispanic-American families here. 

Building Careers for Our Older Veterans

While much focus has been devoted to education and training for our younger Veterans, we have not lost sight that we have another group who has served our Nation with distinction. Many of this group may already have some education and training, they need additional assistance to prepare them for a changing career market.

In November 2011, the President signed into law the Vow to Hire Heroes Act. This Act does many things to prepare Veterans for careers after military service, including one provision that specifically targets older veterans.  The Veterans Retraining Assistance Program, better known as VRAP, is designed to give up to 12 months of benefits for unemployed Veterans to jump-start into a new, high-demand career field. This provision specifically applies to unemployed Veterans who are between 35 and 60, and not eligible for any other education benefit.  The law limits the benefit to 99,000 Veterans. Since May, 2012, over 75,000 Veterans have applied and over 62,000 have already been approved to participate in the program. 

VRAP doesn’t end with the provision of education; it goes one step further by assisting Veterans find a career. When a Veteran completes the education or training program, they are then eligible to leverage the Department of Labor programs designed for Veterans. 

Administration Teams Up to Bring Jobs Back to America

Yesterday, the U.S. Departments of Commerce and Labor announced the Make it in America Challenge – a $40 million multi-agency competition that will help accelerate business investments in the U.S. This includes insourcing, where U.S.-based companies bring jobs back, or foreign investment, when foreign companies build factories here and hire American workers to run them.  

The competition is being funded by Commerce’s Economic Development Administration and National Institute of Standards and Technology Manufacturing Extension Partnership, and Labor’s Employment and Training Administration. It builds upon the administration’s efforts to strengthen the economy and create jobs by partnering with state, regional, and local partners. 

Beginning next year, three-year grants will be available to states, cities, nonprofits, colleges and economic development districts that develop plans to help attract companies that want to build in the U.S. but might need a few more resources.

The Employment Situation in August

While there is more work that remains to be done, today’s employment report provides further evidence that the U.S. economy is continuing to recover from the worst downturn since the Great Depression. It is critical that we continue the policies that are building an economy that works for the middle class as we dig our way out of the deep hole that was caused by the severe recession that began in December 2007. To create more jobs in particularly hard-hit sectors, President Obama continues to support the elements of the American Jobs Act that have not yet passed, including further investment in infrastructure to rebuild our Nation’s ports, roads and highways, and assistance to State and local governments to prevent layoffs and to enable them to rehire hundreds of thousands of teachers and first responders. To build on the progress of the last few years, President Obama has also proposed an extension of middle class tax cuts that would prevent the typical middle class family from facing a $2,200 tax increase next year. 

Today’s report from the Bureau of Labor Statistics (BLS) shows that private sector establishments added 103,000 jobs last month, and overall non-farm payroll employment rose by 96,000. The economy has now added private sector jobs for 30 straight months, for a total of 4.6 million jobs during that period.

The household survey showed that the unemployment rate declined from 8.3 percent to 8.1 percent in August. 

Employment rose notably in leisure and hospitality (+34,000), professional and business services (+28,000), health care and social assistance (+21,700), and wholesale trade (+7,900). Manufacturing lost 15,000 jobs, including a 7,500 drop in motor vehicles and parts, which is partly payback for there having been relatively few seasonal auto plant shutdowns in July.  Over the past 30 months, manufacturers have added more than 500,000 jobs.  Government lost 7,000 jobs, as state government payrolls fell by 6,000 and local governments shed 4,000 jobs. Since February 2010, State and local governments have lost 504,000 jobs.

International Traveler Spending On Pace For a Record Setting Year

Ed. Note: This is cross-posted from commerce.gov. 

Travel and tourism spending by international visitors is helping to boost the U.S. economy. The U.S. Department of Commerce released data yesterday showing that international visitors have spent an estimated $82.2 billion on U.S. travel and tourism-related goods and services year to date, an increase of 11 percent when compared to the same period last year. Many people do not know that this boosts exports – when foreign citizens travel to America and buy goods and services from American companies, that counts as a U.S. export. The new data indicate that the first half of 2012 set a new record for U.S. travel and tourism exports, and, if these trends continue, international visitors could end up injecting close to $170 billion into the U.S. economy by year-end.

These increases help explain why the Obama administration is working hard to make the United States the top destination for international travelers. The U.S. Departments of Commerce and Interior are implementing the National Travel and Tourism Strategy, which they presented to the President in May. The National Strategy is a blueprint for expanding travel to and within the U.S., setting out the goal of attracting over 100 million international visitors annually by 2021, more than a 50 percent increase over the number expected this year. These international visitors would spend an estimated $250 billion per year, creating jobs and spurring economic growth in communities across the country.

Travel and Tourism Industry Vital to Job Creation

Earlier this week I joined Secretary of the Interior Ken Salazar for a dialogue with leaders within the travel and tourism industry at the White House Business Council American Economic Competitiveness Forum. We held a very useful discussion about how the Administration can continue to help support travel and tourism and the millions of jobs associated with the industry.

Travel and tourism has been a particularly bright spot in our economic growth over the past two years. I recently announced that 2012 will likely be another record year for international travel to the U.S. In fact, in May 2012 international travel to the U.S. reached nearly $14 billion – up 8% from May 2011. That caps 29 straight months of growth. Many people do not realize that international travel to the U.S. counts as an export, since foreign citizens purchase U.S. goods and services when they travel here.  Hence, the travel and tourism industry has been a critical factor in the increase of export-supported jobs, which have grown by 1.2 million from 2009-2011.

We can build on this momentum by strengthening public-private partnerships with the industry, which is the core of the new National Travel and Tourism Strategy. Already, we’ve reinvigorated the Tourism Policy Council – a Commerce-led team involving a dozen agencies that touch on travel and tourism. Also, the Trade and Tourism Advisory Board – involving many of the people at this Forum – has never been more active.  In fact, they contributed many great ideas as we wrote the Strategy.

White House Honors Champions of Change for Unwavering Commitment to Transportation Innovation

Ed. Note: This article was originally published on the U.S. Department of Transportation Blog

It was my distinct pleasure to welcome the 2012 Transportation Champions of Change recognized yesterday by the White House. The 14 individuals selected for this honor comprise an amazing roster of transportation excellence and leadership.

We've accomplished a lot at DOT in the past few years, but we did not do it alone. In communities across the country, we have found bold, innovative leaders who have taken up the important cause of changing the way we think about transportation and have created jobs in the process.

These Champions are making a difference every day in their local communities and across the country. And, thanks to them, it is a new day for transportation in America.

Transportation today is not simply about building new roads or widening bridges. It's about looking at how people want to get where they need to go and how they are affected in different ways by the decisions we make.

Summer Jobs and Opportunity in San Francisco

Secretary Solis meets with Mayor Lee, local employers, and talented young people taking part in the Summer Jobs+initiative. Photo Courtesy of Department of Labor.

The Bay Area has long been a hub of innovation and technology, so it is critical that local employers are actively engaged in developing a skilled workforce for the 21st century. Ensuring that young people learn the importance of science, technology, engineering, and math while in school is crucial to maintaining our culture of innovation, but so is exposing youth to the types of career opportunities available in these and other high-growth fields.

That’s why I was so pleased that the Mayor of San Francisco and many local employers signed on to President Obama’s Summer Jobs+ Initiative. Together, we’re working hard to provide our young people with the skills, experience, and opportunities they need to succeed.

Earlier this week I had a chance to sit down with the Mayor and employers like BRE Properties, Starbucks, and Jawbone who understand that summer jobs offer young people a chance they desperately need, while at the same time helping businesses develop a stronger pipeline to the local workforce.