President signs bipartisan bill to strengthen workforce development

On Tuesday, President Obama signed into law legislation that revamps federal training programs to help workers develop the skills they need to compete in the global economy. The Workforce Innovation and Opportunities Act, which will eliminate duplicate programs and address the “skills gap,” received overwhelming bipartisan support in both the House, with a 415-6 vote, and the Senate, with a 95-3 vote. While the U.S. faces a 6.1 percent unemployment rate, 4.6 million job openings are not...

May Jobs Report: Employment Now Above Pre-Recession Levels

  Today, the Bureau of Labor Statistics announced that the economy added 217,000 jobs in May. Unemployment remained unchanged from April at 6.3 percent. On Monday, Business Forward will host a free interactive webinar on the implications of this jobs report with Dr. Jennifer Hunt, the Deputy Assistant Secretary for Microeconomic Analysis at the U.S. Department of the Treasury. Sign up for our free webinar on the jobs report >   Here are some highlights from the employment...

Equal Pay and Your Bottom Line

President Obama declared today, April 8, “Equal Pay Day” (read his proclamation here). It’s the symbolic day when women’s pay catches up to men’s earnings from the previous year, after taking into consideration experience, time worked, education, and other factors. That’s because, on average, women make 77 cents to every dollar a man makes for the same job. Research shows that the pay disparity has wide-ranging impacts on families, on businesses,...

The Essence of Engagement is Local

Two years ago, I facilitated a roundtable discussion in the Dallas-Ft. Worth area.  The discussion featured a senior official from the State Department and leaders from the local business community. The official listened as we talked about their ideas for growing the economy.  What struck me was not only the content of the discussion, but also who sat around the table. Executives from Mary Kay, American Airlines, Hilton Worldwide, a small local ground transportation firm and other...

Commercial Space Program Keeps Flame of Exploration Burning

This is a crosspost from NASA.gov. Click here to see the original post. When I saw the Olympic torch on its first spacewalk in history this past Saturday, I was reminded of NASA’s 50-plus years as the world’s undisputed leader in space exploration. Today, we have more evidence of that leadership. After more than 10 years of hard work, milestones and successes, NASA’s Commercial Orbital Transportation Services (COTS) program is passing the torch.  A little more...

A Look Back at the Economic Crisis: 5 Years Later

This month marks the five-year anniversary of the height of America’s economic crisis of 2008. To many members of the business community, September is a reminder of the hardships we still face as America fights its way back to economic prosperity. The financial crisis was the result of multiple factors — a housing boom aided by the easy access to mortgages, financial institutions participating in risky situations, and America’s outdated financial regulations. And since the...

PA Business Leader: Immigration Reform Will Have a “Ripple Effect Throughout the Entire Economy”

I am first-generation American born. My parents came to the United States to make a better life and pursue opportunities not possible anywhere else in the world. For me, the topic of immigration is a personal one. For millions of immigrants, the United States is that “shining city on the hill.” Our nation’s leadership on the world stage is a product of the world’s best and brightest wanting to come here to work, create, innovate and build the future. The tradition of American...

We Must Lay The Groundwork For Growth: The Business Case Behind President Obama’s ‘Better Bargain’

More than five years after the Great Recession began, businesses are on track to add more jobs this year than in any year since 1999. The economy is headed in the right direction again – but are we doing enough to lock in strong, consistent future growth? In a series of speeches this summer calling for a “better bargain”, President Obama is making the case for taking the long view on investments in our future, like infrastructure and education. We must, the President argues, focus on a...

Two Business Forward Member Companies Lead Best Practices Initiative to Reduce IP Infringement

Together with other industry leaders, Business Forward members, Google and Microsoft, have partnered with the White House Office of the U.S. Intellectual Property Enforcement Coordinator to put forward new industry best practices combatting online piracy and counterfeiting. Announced yesterday, these coordinated procedures should limit the flow of advertisement money to sites used primarily as piracy and counterfeiting operations. The Administration announced the initiative on its blog,...