Tuesday, October 11, 2011

Review & Outlook: Green Jobs Brown Out - WSJ.com

Review & Outlook: Green Jobs Brown Out - WSJ.com: "A new report by the Labor Department's Office of Inspector General examined a $500 million grant under the stimulus program to the Employment and Training Administration to "train and prepare individuals for careers in 'green jobs.'" So far about $162.8 million has been spent. The program was supposed to train 125,000 workers, but only 53,000 have been "trained" so far, only 8,035 have found jobs, and only 1,033 were still in the job after six months.

Overall, "only 10% of participants entered employment." In the understatement of the year, the IG says the program failed to "assist those most impacted by the recession.""

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