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ETP Joins in Administration's Initiative to Train Workers Displaced by Housing Slump

In late February, Governor Schwarzenegger announced an initiative that would provide $10.5 million for training and job services for workers directly impacted by the downturn in the housing market, $5 million of which will be funded through the ETP program. Under the leadership of the Labor and Workforce Development Agency (LWDA), ETP is playing a strategic role in a public-private partnership composed of the LWDA, Employment Development Department, ETP, the California Workforce Investment Board, the state's 49 local workforce investment boards and key employers within the affected industries.

The construction industry has experienced a 4% job decline from 2006 to 2007, most of which were losses concentrated in the home building sector. The Governor's initiative will move workers laid off from residential construction into jobs requiring similar skills in public works and commercial construction projects. The public-private partnership will provide leverage to help workers refine their skills and move quickly into employment in areas where California's economy is expanding.

ETP participation in this initiative will provide funding for customized job training, which will hone existing workers' skills to meet job-specific requirements of a new employer, or assist in retraining efforts to move unemployed workers into new industry sectors or occupations. This transfer of talent will not only bolster California's infrastructure by creating jobs to build schools, repair levees and build freeways, but will also ensure California remains competitive in a global economy.

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