King County 10 Million Work Training Infusion – Help for Homeowners

King County 10 Million Work Training Infusion – Help for Homeowners   

Many out of work and single income homeowners have been proactive in calling  (253-961-3613) or submitting a request to our simple online evaluation request to determine the value of their home in order to make sound decisions for their financial future. 

 Given that our home is often both our largest asset, and largest monthly payment, many people are wising up as how to best leverage that asset for their future economic stability and prosperity. Many folks have determined they just don’t want as high of a payment any longer and want to downsize while others are capitalizing on renewed [and perhaps temporary] equity to borrow against to get them through challenging financial situations while out of work, or even starting new businesses.  Whatever your goal or need, we are here to provide sound advice and information so that you can make the choice that is best for you.

OLYMPIA –

Governor Inslee announces another $6 Million for Workforce Training by way of the new two-year grant in addition to the $4 Million allocated in May of 2014.   

Nearly 1,100 long-term unemployed will receive training and support to help them land jobs in high-demand fields through a new $6 million National Emergency Grant, Gov. Jay Inslee and the Employment Security Department announced today. 

Together, some 2,400 Washingtonians will return to work through these initiatives.  "Thousands of smart, motivated Washington workers are still struggling to find jobs during this period of slow recovery," said Inslee. "We've got employers in need of skilled workers and skilled workers in need of jobs - this grant helps us link the two and get people back to work."

Services offered will include intensive job-readiness workshops and counseling, on-the-job training and apprenticeships, customized training and support for attaining credentials and certificates in high-demand industries. 

In each community, workforce development councils will partner with local employment and training providers to recruit and organize employers and coordinate worker participation. Targeted industries for employment  are healthcare, manufacturing, transportation, clean technology, renewable energy, warehousing, construction, finance and insurance, logistics and life science.

Eligible participants must be unemployed for 27 weeks or more, be targeted as likely to exhaust their unemployment benefits or be a foreign-trained worker having difficulty finding work in their field. 

The WorkSource system is a statewide partnership of state, local and nonprofit agencies that deliver a wide array of employment and training services for job seekers and employers. Last year, WorkSource delivered employment and training assistance to more than 240,000 job seekers and served nearly 5,600 Washington employers. Each year, about 140,000 WorkSource customers find jobs.

Studies have shown that people who use WorkSource job-search services tend to find work faster and earn more money than those who don't. WorkSource locations can be found on go2worksource.com .

REPORTERS:  Fund allocations for the King County workforce development council:

Workforce Development Council of Seattle/King County ~ $1,245,000. Local contact: Marlena Sessions, chief executive officer, 206-448-0474