U.S. Earmarks $55 Million for Green Job Grants

Nov 21 2009 | 7:37am ET

U.S. Secretary of Labor Hilda L. Solis has announced green job grants worth $55 million to help workers find jobs in expanding green industries and related occupations.

“It’s an investment that will help American workers do well while doing good,” said Solis. “These grants provide an immediate return, and they are part of a larger green initiative that will help lead to increased job placements and promote economic growth.”

The two categories of grant awards announced today are: State Labor Market Information Improvement Grants (totaling $48.8 million) and Green Capacity Building Grants (totaling $5.8 million). Both will be administered by the U.S. Department of Labor’s Employment and Training Administration.

The grants are part of a larger American Recovery and Reinvestment Act initiative – totaling $500 million – for green jobs training grants designed to promote economic growth. The Department of Labor expects to release funding for an additional three green grant award categories over the next several months.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...