This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Vt Gov Notes Job Training, Despite Few Jobless

By WILSON RING

SOUTH BURLINGTON, Vt. (AP) â¿¿ A South Burlington electrical contractor that is hiring to meet burgeoning demand for its services has been meeting that demand with a state apprenticeship program that trains employees while they are working full time.

In the last 30 days, Omega Electrical Construction, Inc. has hired six to eight new employees, and over the last decade about 50 of its current 130 workers have come through the four-year apprenticeship program that was highlighted Wednesday by Gov. Peter Shumlin and other top officials, company officials said Wednesday.

With the economy growing, the company is the busiest that it's been in years, said Al Senecal, who has owned the business along with his wife, Cheryl, since 1990.

"It's difficult to find licensed electricians right now, so we're growing them ourselves," he said. "We've been hiring a lot of people."

Shumlin, speaking during a news conference at the company's headquarters near the Burlington International Airport, said the state has been working hard to ensure businesses have enough workers.

"I think it's worth celebrating that Vermont right now has the third-lowest unemployment rate in America. That doesn't happen by coincidence," Shumlin said.

In February Vermont's unemployment rate was 4.4 percent, tied for the third-lowest in the country.

There are a number of other programs that Shumlin highlighted, including programs for military veterans, on the job training, internship grants for high schools.

The Vermont Department of Labor says a number of industries are hiring, including manufacturing, health care, business and professional services. Openings are also expected in construction and related industries and businesses that cater to summer tourists.

The apprenticeship program that Omega is a part of hires untrained people. They work full time while attending classes. If all goes well, at the end of the four years the employee will graduate with an electrician's license. Omega pays the tuition for the classes that run three hours twice a week from September through March.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs