In The States
The Texas labor market achieved unprecedented heights in 2023, according to the Texas Workforce Commission. In December, the seasonally adjusted job count surpassed 14 million, marking the 27th consecutive month of record-setting employment. Notably, Texas exceeded national employment growth rates and observed a decline in the unemployment rate during this period.
Meanwhile, West Virginia is in the process of transitioning its economy towards clean energy, evident in various projects focused on solar power and electric vehicles. The increasing number of initiatives in clean energy signals a notable shift in the state’s energy landscape. However, these projects encounter challenges at the state level, including a lack of support from lawmakers and a workforce that lacks the specialized skills required for clean energy jobs.
On The Hill
The House Committee on Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development will hold a hearing next Tuesday, 1/30 at 12:00 PM on “Pathways to Success: Supporting Entrepreneurs and Employees with Disabilities”
The Senate Committee on Small Business held a hearing on Wednesday, 1/24 on “Succession Planning: Opportunities to Build Wealth and Keep Jobs in Local Communities”
Bills of Interest
Rep. Randy Weber (R-TX-14) introduced a bill to improve public-private partnerships and increase Federal research, development, and demonstration related to the evolution of next generation pipeline systems.
Rep. Haley Stevens (D-MI-11) introduced a bill to amend section 7(b) of the Small Business Act to make disaster loans available for damages caused by prolonged power outages.
At The Agencies
The US Department of Labor announced new communities in an initiative to improve workforce opportunities for young people.