Minnesota invests in job retraining programs

Minnesota has allocated $2 million to be invested in job retraining programs, the StarTribune reported. 

The funds will be distributed through the Minnesota Job Skills Partnership program, and will go toward retraining workers in the healthcare, manufacturing and construction fields who attend college or apprentice with industry leaders. 

The grants are intended to help ease talent shortages in the state. Some 2,744 employees stand to benefit from the funds. 

"Minnesota is forecasted to have a shortage of more than 100,000 workers by 2020," said Lt. Gov. Tina Smith. "We can't afford to leave Minnesotans unprepared for good job opportunities."

The largest grant, at $350,000, was awarded to the Anoka-Ramsey Community College and API Group, a construction services firm. The funding will help train 571 workers in new skills in the field, the source explained. 

Minnesota has seen strong employment figures of late. Since June 2016, the state has added more than 77,000 jobs, which is the largest increase since 1998, according to local station KDAL. 

Last month, the total number of jobs in the state exceeded 3 million, which is a first in Minnesota history. The unemployment rate for the month was 3.7 percent. 

The funds will be distributed through the Minnesota Job Skills Partnership program.