CalChamber Backs Bill to Improve Access to Skilled Workforce
California Chamber of Commerce President and CEO Allan Zaremberg announced support for SB 594 (Steinberg), the Dropout Reduction and Workforce Development Bond Act of 2013, at a press conference yesterday.
“SB 594 will provide California employers with access to a skilled workforce which is critical for a robust economy,” Zaremberg said. “The ability to match up job needs and job skills in local communities will certainly help encourage investment in our state.”
The bill will integrate rigorous academic preparation with work-based learning opportunities in key growing sectors of the state’s economy. It will build stronger connections between schools and businesses by providing skilled workers in high demand technical fields, which include biotechnology, nursing, and advanced manufacturing.
The measure calls for the following three new financing tools to encourage the development of business-school partnerships in career pathways programs:
- Workforce Development Bonds;
- Career Pathways Investment Tax Credits; and
- Linked Learning Trust Funds.
SB 594 awaits a hearing in the Senate Governance and Finance Committee.