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Workforce Development
Workforce development, an American approach to economic development, attempts to enhance a region's economic stability and prosperity by focusing on people rather than businesses. It essentially develops a human-resources strategy. Work-force development has evolved from a problem-focused approach, addressing issues such as low-skilled workers or the need for more employees in a particular industry, to a holistic approach considering participants' many barriers and the overall needs of the region. Work-force development has historically occurred in two forms: place-based strategies that attempt to address the needs of people living in a particular neighborhood, and sector-based strategies that focus on matching workers' skills to needs in an industry already present in the region. Across both approaches, themes for best practices have emerged. Successful workforce development programs (WDPs) typically have a strong network of ties in a community, and are equipped to respond to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Of America
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five major island territories and various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's third-largest land area and third-largest population, exceeding 340 million. Its three largest metropolitan areas are New York, Los Angeles, and Chicago, and its three most populous states are California, Texas, and Florida. Paleo-Indians migrated from North Asia to North America over 12,000 years ago, and formed various civilizations. Spanish colonization led to the establishment in 15 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Structural Unemployment
Structural unemployment is a form of involuntary unemployment caused by a mismatch between the skills that workers in the economy can offer, and the skills demanded of workers by employers (also known as the skills gap). Structural unemployment is often brought about by technological changes that make the job skills of many workers obsolete. Structural unemployment is one of three categories of unemployment distinguished by economists, the others being frictional unemployment and cyclical unemployment. Because it requires either migration or re-training, structural unemployment can be long-term and slow to fix. Causes and examples From an individual perspective, structural unemployment can be due to: * Inability to afford or decision not to pursue further education or job training. * Choice of a field of study which did not produce marketable job skills. * Inability to afford relocation. * Inability to relocate due to inability to sell a house (for example due to the colla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Development Economics
Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels. Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as intertemporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods. Common topics include growth theory, poverty and inequality, human capital, and institutions. Unlike in many other fields of economics, approaches in development econ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Development
In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and objectives. The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. "Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Historically, economic development policies focused on industrialization and infrastructure; since the 1960s, it has increasingly focused on poverty reduction. Whereas economic development is a Public policy, policy intervention aiming to improve the well-being of people, economic growth is a phenomenon of market productivity and increases in GDP; economist Amartya Sen describes economic growth as but "one aspect of the process of economic development". Definition and terminolo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Workforce Innovation And Opportunity Act
The Workforce Innovation and Opportunity Act (WIOA) is a United States public law that replaced the previous Workforce Investment Act of 1998 (WIA) as the primary federal workforce development legislation to bring about increased coordination among federal workforce development and related programs. The One-Stop Delivery System : WIOA continues the requirements of WIA for each state to establish a One-Stop delivery system to * provide "career services" and access to "training" services; * provide access to programs and activities carried out by One-Stop partners; and * provide access to all workforce and labor market information, job search, placement, recruitment, and labor exchange services. Employment Service Although the Employment Service (ES) is one of 19 required partners in the One-Stop delivery system, its central mission—to facilitate the match between individuals seeking work and employers seeking workers—makes it critical to the functioning of the work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Year
City Year is an American education nonprofit organization founded in 1988. The organization partners with public schools in 29 high-need communities across the US and through international affiliates in the UK and Johannesburg, South Africa. City Year teams are made up of 18 to 24 year olds, who provide student, classroom, and whole school support, intended to help students stay in school and on track to graduate high school. City Year is a member of the AmeriCorps national service network, and is supported by the Corporation for National and Community Service, school district partnerships, and private philanthropy from corporations, foundations and individuals. History City Year was founded in 1988 by Michael Brown and Alan Khazei, then-roommates at Harvard Law School. City Year AmeriCorps members initially focused their efforts on community rehabilitation, beautification of neighborhoods, and developing community awareness in Boston. Over the years, the organization has expande ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Timberland Company
Timberland LLC is an American manufacturer and retailer of outdoor footwear and apparel owned by VF Corporation. The company also sells accessories including watches, eyewear, and leather goods. Timberland's corporate headquarters are located in Stratham, New Hampshire. History In 1918, Nathan Swartz, a Jewish-born shoemaker from the Russian Empire (modern-day Ukraine), started his shoe making career. Nearby, the Abington Shoe Company was founded in 1933 in South Boston. Swartz bought half-interest in the company in 1952, and he and his sons eventually acquired the remaining shares. Through the 1960s the company specialized in making private-label boots and shoes for other brands. In 1969, Abington moved to Newmarket, New Hampshire and focused on producing waterproof boots made with injection molding, capable of withstanding the winters of the region. The Timberland boot was introduced in 1973. Its popularity grew, prompting the Swartzes to discontinue manufacturing for others ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Job Corps
Job Corps is a program administered by the United States Department of Labor that offers free education and vocational training to young people ages 16 to 24.$1.7 Billion Federal Job Training Program Is ‘Failing the Students,’ August 26, 2018, '', retrieved June 6, 2024 Mission and purpose Job Corps' mission is to help young people ages 16 through 24 improve the quality of their lives through vocational and academic training aimed at gainful employment and career pathways.History Founding The Job Corps was originally de ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dual Labour Market
The dual labour market (also referred to as the segmented labour market) theory aims at introducing a broader range of factors into economic research, such as institutional aspects, race and gender. It divides the economy into two parts, called the "primary" and "secondary" sectors. The distinction may also be drawn between formal/informal sectors or sectors with high/low value-added. A broader concept is that of labour market segmentation. While the word "dual" implies a division into two parallel markets, segmentation in its broadest sense may involve several distinct labour markets. In a dual labour market, a secondary sector is characterized by short-term employment relationships, little or no prospect of internal promotion, and the determination of wages primarily by market forces. In terms of occupations, it consists primarily of low or unskilled jobs, whether they are blue-collar (manual labour), white-collar (e.g. filing clerks), or service industry (e.g. waiters). These ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Labor Market
Internal labor markets (ILM) are an administrative unit within a firm in which pricing and allocation of labor is governed by a set of administrative rules and procedures. The remainder of jobs within the ILM is filled by the promotion or transfer of workers who have already gained entry. Internal labor markets are shielded from the competition of external labor markets (ELM).Doeringer, Peter B. & Piore Michael J. (1971). Internal Labor Markets and Manpower Analysis. Massachusetts. D.C. Heath and Company However, competition of ILM exists within the firm in the form of job promotions and pay.Pinfield, Lawrence, (1995). The Operation of Internal Labor Markets. New York. Plenum Press. The main reasons why internal labor markets were developed are as follows: Skill specificity Skill specificity has two effects important to the generation of the ILM: it increases the proportion of training costs borne by the employer, as opposed to by the trainee and it increases the absolute level of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
