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    Our Approach to Workforce Development Fund Reforms main photo

    Our Approach to Workforce Development Fund Reforms

    July 13, 2021

    Minnesota is home to one of the country’s most talented workforces. That’s no accident – it comes from years of investments by public and private sector leaders in education and training that produce strong talent for a diverse economy.

    One of the unique differentiators to training our workforce that many people may not be aware of is the state’s Workforce Development Fund – a payroll-tax-fueled training fund that puts serious money toward training workers for in-demand jobs across Minnesota.

    We are the only state in the country that has such a fund. Yet it has been operating since its inception without any major updates. Meanwhile, a lot has changed in our economy, including best practices in workforce development, advances in performance management, and the overall composition and needs of Minnesota’s economy.

    Read full article.

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