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The US Department of Labor is offering $500 million of stimulus money to programs that will train workers to compete in emerging “green” industries – i.e. energy efficiency and renewability. The money is spread across five different competitions, each of which will be awarded to programs developed at either a national, state, or community level.
Today’s announcement included a notice that the DOL wants these projects to align their training with other local “Recovery Act” programs, in hopes that this will boost their ability to ultimately transfer workers into already established industries.
Get the details here
http://www.doleta.gov/grants/find_grants.cfm
Declining home prices continue to help residential sales in New Hampshire. Prices are down about 11 percent and sales for the year are a hair above what they were in 2008.
Real estate agents are pleased with the October numbers. After a grim period stretching from last fall to early spring, there’s been a consistent if modest upward trend. The number of homes sold last month rose compared to this September and compared to October a year ago. The data come from the New Hampshire Association of Realtors.
The state unemployment rate fell 4-tenths of a percent in October.
Unemployment dropped to 6.8 percent. The decline caught most analysts by surprise. Usually, when the national rate rises, as it did, so does the state’s.
Economist Annette Nielsen with the labor market information bureau says the job growth is real. The rate is not due to lots of people dropping out of the labor force. But Nielsen takes a cautious view.
Nielsen: "I would like to see a couple of months before I would definitely say this is what’s going on."