The US economy has come roaring back to life under President Donald J. Trump
In May, unemployment fell to 3.8 percent—its lowest level in nearly 50 years. Optimism among employers, particularly manufacturers and small businesses, has reached historic highs in the 6 months since tax reform became law.
This high-energy growth environment presents both a challenge and an opportunity. The challenge is that companies must find more workers with specific skill sets to fill an increasing number of open jobs. The opportunity is that with more affordable, relevant training, many American workers will now have the chance to move into better jobs that deliver bigger paychecks.
President Trump has established the National Council for the American Worker. Comprised of senior Administration officials, the Council is charged with developing a National strategy for training and retraining the workers needed across high-demand industries. The group will convene voices from the public, private, education, labor, and not-for-profit sectors to enhance employment opportunities for Americans of all ages.
Most important, they will focus on getting results. That task begins by asking companies and trade groups across the country to sign a new Pledge to America’s Workers—committing to expand programs that educate, train, and reskill American workers from high-school age to near-retirement.