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“Disinvesting in the Skills of America’s Workforce: The Potential of Sequestration on Key Federal Employment and Training Programs,” found that funding for key federal workforce development programs will be nearly $458 million in 2013. Illinois funding will be cut by $16.7 million in 2013.
“These across the board cuts will mean millions of workers and employers won’t be able to get the skills needed to close the skills gap, reduce unemployment, and create more jobs,” said Rachel Gragg, federal policy director of the National Skills Coalition in a press statement.
Overblown or not, experts say a skills gap, does exists. And with the sequester in effect, the National Skills Coalition estimates that workforceprograms will serve nearly 2 million fewer workers and employers.
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