News Archive: January 2010
Think Entrepreneurs: A Call to Action
Washington, DC: In a recent Technical and Employment Notice (25-09) issues by Assistant Secretary Jane Oates, the Employment and Training Administration released a study by the Consortium for Entrepreneurship Education, entitled " Think Entrepreneurs: A Call to Action - Integrating Entrepreneurship into the Public Workforce System Throughout America". The research analyzed current entrepreneurship operations and policies in the public workforce investment system, and collected information on ways Workforce Investment Boards and One-Stop Career Centers currently provide support for developing entrepreneurs. For a downloadable copy of the report, click here.
Lancaster County and the Lancaster County Workforce Investment Board were part of the study and are mentioned prominently within the report (case study on pages 107-111).
Utilizing this information, the Consortium developed an online clearinghouse and this report to broadly share best practices on entrepreneurship activities within the workforce investment system. Specifically, the report encourages the workforce investment system to make entrepreneurial/self-employment training opportunities available for people interested in self-employment under Title I of the Workforce Investment Act of 1998. The report includes recommendations for dissemination opportunities for clarifying ETA entrepreneurship policies, examples of what the field is doing in the area of entrepreneurship, and provides descriptions of how to implement entrepreneurship training strategies.
Linking Regional Competitiveness to Investment in a Knowledge-Based Economy
Washington, DC: In October 2009, the US Economic Development Administration reported the results of a research project entitled, "Crossing the Next Regional Frontier: Information and Analytics Linking Regional Competitiveness to Investment in a Knowledge-Based Economy". The EDA commissioned this research project to put tools into the hands of local civic leaders and economic development practitioners so that they can more effectively compete in a global context where knowledge and innovation are vital to competitive advantage. The result of the research is a set of practical analytical tools that regional leaders can use to assess their workforce, human capital and capacity to innovate within their region. Click here for a downloadable copy of the report.
The project is the first of its breadth and depth. But this report does more than provide tools to evaluate "where we are." The project also has a strategic component. It presents a framework for regional leaders to collaborate to achieve mutual regional development goals. Using the results of the analytical tools, the framework helps guide the discussions of regional leaders in selecting sound strategies and in identifying the united efforts required to achieve common goals.
Recession Over, Economy Fragile
Washington: Nationwide, the recession is over-at least in the view of most economists in light of third quarter 2009 indicators, according to a recent report from the MetroMonitor of the Brookings Institution . It revealed a real U.S. gross domestic product (GDP) increasing at a 2.8 percent annual rate, after four consecutive quarters of contraction. Most economists interpreted that rate of output growth, along with other signals such as increasing housing prices, as indication that the economic recovery is underway.
Yet the recovery seems fragile. The output increase may have resulted largely from the replenishment of manufacturing inventories and from temporary federal policies: the "cash-for-clunkers" program (already over), the first-time homebuyer tax credit (now extended through April 2010), and the American Recovery and Reinvestment Act's economic stimulus. As the effects of these policies recede, the recovery could slow or give way to yet another recession or a prolonged period of economic stagnation. To see the entire report, click here.
Latinos Come of Age
Washington, DC: In a report entitled "Between Two Worlds: How Young Latinos Come of Age in America" released on December 11, 2010, a Pew Hispanic Center survey of 2,012 U.S. Latinos ages 16 to 25 found that respondents were generally optimistic about their futures and valued education, hard work, and career success. For a downloadable copy of the report, click here.
Yet the report also presents data showing that young Latinos are statistically more likely than other youths to drop out of school, become teen parents, and live in poverty. According to survey data, 89 percent of Latinos ages 16 to 25 say it is important to get a college education, compared with 82 percent of all U.S. youths in the same age range. However, 48 percent Latinos ages 18 to 25 say they expect to receive a college degree, compared with 60 percent of their non-Latino U.S. peers. The report is part of Pew Research Center's year-long series on the Millennial Generation, defined as everyone born between 1981 and 2000.
Annual Youth Career Summit on January 28
Lancaster: On Thursday, January 28, 2010, the Youth Council of the Lancaster County Workforce Investment Board will offer its annual Youth Career Summit for youth practitioners in schools and youth-serving agencies. The conference will be run from 7:30-10:30 am at the Eden Resort Inn, 222 Eden Road in Lancaster. Breakfast will be provided. There is no fee but a registration is required. Click here for a downloadable copy of the registration form.
As in past years, the Summit will provide up-to-date information on high priority occupation and Hot Jobs in Lancaster County. However, this year, additional information on meeting State career development standards will be presented and discussed. Small group interaction will be at the heart of the program. Act 48 credits are available.
Lancaster County Companies Named Best Places to Work
Harrisburg: In December, the Team PA Foundation, the PA Department of Community and Economic Development, the PA Chamber of Business and Industry, and the Central Penn Business Journal announced the 50 Best Places to Work in Pennsylvania. A survey of employees is the primary way that companies qualify for the award.
This year, rankings included Landis Homes in Lititz (8), Fulton Bank in Lancaster (34), and Ephrata Community Hospital (36) as large-sized (more than 251 employees) Best Places from Lancaster County. Nxtbood Media LLC in Lancaster (3), Cargas Systems in Lancaster (12), LMA Systems in Lancaster (20), Union National Bank in Lancaster (29), Jerome H. Rhoads Inc. in Lancaster (39), and RGS Associates in Brownstown (40) were listed as medium-sized (25-250 employees) Best Places from Lancaster County.
Congratulations to the Lancaster County winners.