CHICAGO (Reuters) - if the banks on their 2 trillion dollars cash hoard, worker training programs have been intensified, and $ 3 million job vacancies have been filled, the economic recovery would be much stronger, a panel assembled by former President Bill Clinton said Wednesday.
Clinton opened the meeting of his six years with a discussion entitled "Jobs, jobs, jobs," Clinton Global Initiative that the Organization for the first time is squarely focused on the United States.
"In banks in America-were much more the $ 2 trillion in cash not committed loans." Now, there are from 2 trillions of dollars of loans out there, but there some who is not satisfied, "Clinton said to the collection of 750 business leaders, Government and non-profit organizations.
Clinton opened the two-day Conference by announcing several "commitments" by enterprises and the working groups that are used to finance new jobs.
Since former President created the organization in 2005, he said that he obtained $ 63 billion in commitments that contributed to 300 million people in the world.
The economy is recovering more slowly, from what has been dubbed the great recession than any slowdown since the second world war. Although the recession officially ended in mid-2009, the economy is being retained by the sluggish employment growth, the weak real estate and the lean application for loans.
"The path of the economy means that we close not the difference of employment until 2023," former assistant presidential Clinton Laura Tyson said the rally, referring to retrieve not only jobs lost in the recession, but also to create jobs for the influx of 125,000 new workers per month.
Clinton praised a program in the State of Georgia to United States to help companies that are reluctant to hire workers.
Georgia format future workers for six weeks and then pays them while they "hearing" to their jobs, said former state labor Commissioner Michael Thurmond, Member of the Group of experts.
Clinton said job offers 3 million U.S. estimated filling could halve unemployment rate of 9.1% of the country. But the positions are to be filled to half the pace of previous recessions, he said.
Republican Governor Haley Barbour of Mississippi, another group, said: "we stop stigmatising vocational training".
Barbour said that his State had financed programmes of vocational training at community colleges, rather than spend money on unemployment insurance.
Clinton said he was looking to other countries for solutions. In Germany, he said, was particularly innovative subsidy 20% of the remuneration of workers who otherwise would be laid off.
(Editing by Philip Barbara)
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