Workforce Bulletin - November 15, 2013

This edition of Workforce Bulletin contains articles including:

Budget Conference Committee Holds Second Meeting, Differences Remain on Spending Levels
The budget conference committee, formed to resolve differences between House and Senate overall spending levels for fiscal 2014, held its second public meeting Wednesday, November 13th.

Congressional Budget Office Releases Report on Ways to Reduce Deficit
As mentioned in the previous article, CBO issued a report outlining various policy options for reducing the federal deficit over the next ten years.

Congressional Research Service Releases Comparison of Senate WIA Reauthorization Bill to Current Law
The Congressional Research Service (CRS) recently released a report providing a comparison of the major issues in the Workforce Investment Act (WIA) of 1998 with the Workforce Investment Act of 2013 (S.1356), the WIA reauthorization legislation that was approved this summer by the Senate Committee on Health, Education, Labor and Pensions (HELP).

ETA Announces Resources for Short-Time Compensation Programs
On, Thursday, November 14, 2013, the Employment and Training Administration (ETA) issued Training and Employment Notice No. 10-13, announcing the launch of a new resource for state workforce agencies interested in improving or implementing Short-Time Compensation (STC) programs for unemployment insurance claimants.

Federal Reserve Chair Nominee Indicates Continuation of Current Fed Policies until Employment Improves
On Thursday, November 14, 2013, Federal Reserve Vice Chair Janet Yellen went before the Senate Committee on Banking, Housing, and Urban Affairs for a hearing on her confirmation to replace current Federal Reserve Chairman Ben Bernanke.

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