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Blog Entries from January 30, 2013

Deputy Secretary Blank Highlights Workforce Skills Development as Key to Attracting Investment, Creating Good Jobs

Yesterday, Deputy Secretary of Commerce Rebecca Blank delivered keynote remarks at an event focused on the importance of developing a skilled workforce in order to attract more investment and create more good jobs.

The event, hosted by German Ambassador Peter Ammon, attracted CEOs of German-owned companies that have invested in the United States (such as STIHL, BMW, Volkswagen, and Siemens) as well as leaders of U.S. community colleges, universities, and think tanks. 

Blank cited key Obama administration programs that are strengthening the links between colleges and employers–ensuring that more graduates are ready to fill jobs that are open right now in areas such as advanced manufacturing. She also praised the German Embassy’s newly-announced “Skills Initiative,” an effort to help more German companies form partnerships to train American workers and expand their operations in the U.S.

Blank emphasized that education and training are crucial not only for helping individual workers find good jobs, but also for fostering a deeper pool of talented and skilled citizens throughout society. She noted that the U.S. has historically led the way to establish free public education and world-class public universities. She also cited Germany’s unique “dual system”–a model that blends education with hands-on training–which is well-known for helping young people who have graduated high school but who are not pursuing four-year degrees.

Blank stressed the importance of continued leadership and partnership between the U.S. and Germany overall, noting that hundreds of thousands of Americans go to work each day at German companies that operate in the U.S., and vice versa.