This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Md. Gov Outlines Measures To Help Boost Jobs

By BRIAN WITTE

ANNAPOLIS, Md. (AP) â¿¿ Maryland Gov. Martin O'Malley on Thursday highlighted some initiatives he hopes will stimulate job growth by increasing training for positions in the highest demand and clearing some hurdles to employment for military families.

The Democrat has put $2.5 million in his budget proposal to create a competitive grant process to help get people the skills for jobs that are in high demand. The initiative, called the Employment Advancement Now Initiative, would encourage regional training collaborations among businesses, nonprofits, colleges and local governments. It would focus on industries such as traditional and advanced manufacturing, cybersecurity and health care.

"This is really an effort that is driven by employers who say they have jobs that are open, they need more employees with the skills to fill them and so this EARN bill will help more moms and dads get the skills they need to enter those better jobs," O'Malley said at a Senate hearing.

The governor also is backing a measure to speed up the professional licensing process for military families who move to Maryland from other states. O'Malley said more than 20 states already expedite the licensing process for veterans to move. The unemployment rate is 8.8 percent for veterans, and for post-9/11 veterans it is 9.7 percent, O'Malley said.

The measure would credit veterans for their military training and educational experience when they apply for occupational and professional licenses in the state. Veterans also would be able to get academic credit at state four-year colleges and community colleges for relevant military training and education.

"This will lower the cost of earning a degree, will allow veterans to get their degrees quicker, and the more degrees our people have the better that is for our state and our economy," O'Malley said.

Earlier in the day, the governor joined members of the Maryland Federal Facilities Advisory Board to release a plan with 25 actions Maryland could take to take encourage innovation and job creation and federal facilities. They include aligning state resources with federal priorities and promoting cybersecurity business.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,126.12 -36.87 -0.20%
S&P 500 2,120.79 -2.69 -0.13%
NASDAQ 5,097.9760 -8.6170 -0.17%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs