Due to reduced demand on Mississippi's Unemployment Trust Fund, $50 million will instead be allocated for workforce training in high-demand industries. The Keep Mississippi Working Fund will not increase taxes.
The governor also called on the Legislature to fund a $3 million scholarship program for high school students in career tech programs to pursue skills certifications and academic degrees at Mississippi's community and junior colleges: "I believe with these two programs, we can focus on creating a world-class workforce. With that accomplished, our economic progress can be unlimited," Gov. Bryant said of the workforce development initiative and scholarship program.
Last January, I told you that my first job was to make sure every Mississippian who wants a job has one. We have made great improvements, and with the help of the Mississippi Development Authority, we grew our existing businesses and brought new world-class companies to our state.
In 2012, Mississippi's economic development efforts resulted in the announcement of nearly 2,700 new jobs. This success represents a private sector investment of more than a half-billion dollars. [This was accomplished by state agencies] making contact with site-selectors, beginning the competitive recruitment process, putting a deal together, and landing a business win. Tonight, I call on you to make sure the world knows Mississippi will not take a back seat to anyone when it comes to attracting jobs.
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