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ERIC Number: ED507901
Record Type: Non-Journal
Publication Date: 2009-Mar-11
Pages: 4
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Seven Steps for States and Regions to Prepare for the American Recovery and Reinvestment Act
Workforce Strategy Center
Through the American Recovery and Reinvestment Act (ARRA) the federal government is pumping nearly $790 billion dollars into state and local coffers to strengthen the United States economy. In order to stimulate the economy as quickly as possible, states are being asked to invest much of this funding into regions within 30 days, and to have the funding obligated and spent within the next 18 months. In addition to getting the money out quickly, states and regions have the enormous challenge of having to figure out how to make the best and most strategic use of the funding. Most important, is how to do this so that low-income youth and adults can attain the postsecondary credentials they need to earn family sustaining wages. Presented in this paper are some basic steps states and regions might consider taking to determine how to use the stimulus. First, there are three points to keep in mind: (1) ARRA funding, and whatever system might be created with the stimulus and other available dollars, "are the means to an end"; (2) the goal is to get people jobs and jump start the economy; and (3) to have a sustained effect, short-term actions need to be part of a long-term plan.
Workforce Strategy Center. 678 East 22nd Street, Brooklyn, NY 11210. Tel: 718-434-8424; Fax: 718-434-4617; e-mail: info@workforcestrategy.org; Web site: http://workforcestrategy.org
Publication Type: Reports - Descriptive
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Workforce Strategy Center
Identifiers - Location: United States
Grant or Contract Numbers: N/A