At the state and local level, federal WIOA spending of only about $1 billion per year is directed to workforce boards that help job seekers find jobs. The federal government has over 40 workforce development programs (job search and/or training) across 12 agencies, but none is doing much to salve our lacerated labor market. At the same time, every promising pronouncement on ISAs generates knee-jerk reactions from the left, typically involving the phrase “indentured servitude” (because predatory is so last decade). In terms of innovation, precious little traffic has been diverted from toll bridges to income share agreement bridges colleges and universities are increasingly looking at ISAs as a supplemental tool for increasing yield. While President Biden wants to eliminate tolls for community college, today's students would much rather pay some tuition for an employment outcome than nothing for no outcome. Where is the heavy traffic today? Mostly on toll bridges manned by tweed-wearing collectors: accredited academic institutions that long ago absolved themselves of the responsibility to directly prepare students for jobs. It’s true, as the White House says, that “the United States has underinvested in the workforce development system for decades.” But as philanthropist John Arnold recently pointed out: “it will be a lost opportunity if we channel enormous $ into hospitals, higher ed, job training, research funding, pensions, and infrastructure and don't demand better outcomes from these systems.” This includes approximately 10 million Covid-displaced workers from the retail, travel, and hospitality sectors. “Only one mob,” said the Ranger.Īmerica has 7.4 million unfilled jobs and tens of millions of people out-of-position relative to the skills specifically listed in these job descriptions. When the train arrived, the sheriff was shocked to see only one Ranger disembark. Army Rangers.) But my favorite Rangers story is when a sheriff of a town lousy with a mob of outlaws telegraphed the Rangers and was told help was coming on the next train. During World War II, the German press fearfully reported that the Texas Rangers had invaded France. The Texas Rangers were formed in 1823 when Stephen Austin authorized the employment of “ten men… to act as rangers for the common defense.” A full 50 years older than my beloved Royal Canadian Mounted Police (which, contrary to popular belief, does not require undercover Mounties to compromise their identities by remaining on horseback), the Texas Rangers developed a legendary reputation as the toughest lawmen in the land. In two years, the oldest statewide law enforcement agency in North America will turn 200.
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