Vice Pres. Biden Travels to Morocco, Ukraine and Turkey

11/16/2014
U.S. Vice President Joe Biden, center, addresses entrepreneurs from the Middle East during the opening session of the Global Entrepreneurship Summit in Marrakech, Morocco, Nov. 20, 2014.

U.S. Vice President Joe Biden, center, addresses entrepreneurs from the Middle East during the opening session of the Global Entrepreneurship Summit in Marrakech, Morocco, Nov. 20, 2014.

The Global Entrepreneurship Summit

Launched in 2009 by US President Barack Obama, the Global Entrepreneurship Summit is a government-supported forum aimed at creating bridges between entrepreneurs, banks, venture capitalists, investors and others in the United States and communities around the world.

The U.S. government runs numerous programs that promote economic and social entrepreneurship around the world. This year, that commitment to fostering entrepreneurship, innovation, and economic prosperity will be reaffirmed at the 2014 Global Entrepreneurship Summit.

His Majesty King Mohammaed VI and President Barack Obama agreed during King Mohammaed VI’s Royal Visit to Washington in November 2013 to organize the 5th edition of the Global Entrepreneurship Summit in the Kingdom of Morocco.

This fifth annual Summit will convene thousands of participants on November 19-21 in Marrakech, Morocco, and will highlight the impact of technology on modern entrepreneurship. The 2014 Summit takes place during Global Entrepreneurship Week, making it the largest of the thousands of entrepreneurship events taking place around the world that week.

The Power of Technology

The theme of the Summit, “Harnessing the Power of Technology for Innovation and Entrepreneurship,” explores the positive impact of technology on innovation and entrepreneurship. Technology presents entrepreneurs with enormous opportunity. It gives them the power to reach beyond local communities and to tap into resources and expertise in other cities, countries, and continents. From using the internet for crowdfunding, to text messaging for real-time weather information, to collaborating in online chatrooms, technology is changing how entrepreneurs do business.

Participants

  • Entrepreneurs: Showcase products, connect to global markets
  • Mentors: Find new ways to give back
  • Incubator managers: Get fresh ideas
  • Policymakers: Learn to improve entrepreneurship environments
  • Educators: Gain insights from practitioners
  • Social entrepreneurs: Build a larger network

Summit Program

The Summit will be a space for entrepreneurs to network one-on-one with each other and with established businesses, and it will provide a chance to hear from those who have traveled the path before them, such as:

  • Two days of networking with innovative individuals and organizations
  • One-on-one meetings in the “Innovation Village” space
  • Sector-specific and issues-based workshops

High-level speakers from around the world will discuss issues and insights to inspire, celebrate, and support entrepreneurs, including:

  • Financing new ventures
  • Scaling up enterprises and moving to the formal sector
  • Turning talent into entrepreneurship
  • Engaging in social entrepreneurship

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GES 2014 Website: http://gesmarrakech2014.org/en/home

GES 2014 Speakers: http://gesmarrakech2014.org/en/program/speakers

GES 2014 Program: http://gesmarrakech2014.org/en/program/program

GES 2014 App: http://ges.e-180.com

 

GES 2014 Facebook: https://www.facebook.com/GES2014Marrakech

GES 2014 Twitter: https://twitter.com/GESMarrakech14

GES 2014 Instagram: http://instagram.com/gesmarrakech14

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5th Global Entrepreneurship Summit
November 19 – 21, 2014
Marrakech, Morocco

GES 2014 Live Stream: http://gesmarrakech2014.org/en/home

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US Morrocco flagsUS Ukraine flagsUS Turkey flags

Vice President Biden and Dr Jill Biden’s Travel Itinerary

 

Wednesday, November 19th

Vice President Biden meets with His Majesty King Mohammed VI of Morocco
Downtown Palace, Fes, Morocco

Thursday, November 20th

Vice President Biden delivers the keynote address at the 5th Global Entrepreneurship Summit
Marrakech, Morocco

Vice President Biden attends a roundtable discussion with youth entrepreneurs at the Global Entrepreneurship Summit Global Tent
Marrakech, Morocco

Dr Jill Biden delivers remarks at the 5th Global Entrepreneurship Summit Women’s Day
Mechouar-Kasbah, Marrakech, Morocco

Vice President Biden and Dr Jill Biden depart Morocco enroute to Kyiv, Ukraine

Friday, November 21st

Vice President Biden holds a bilateral meeting with Ukraine Prime Minister Arseniy Yatsenyuk
Cabinet of Ministers Club, Kyiv, Ukraine

Vice President Biden and Ukraine President Poroshenko have a working lunch
House of Chimeras, Kyiv, Ukraine

Vice President Biden and Ukraine President Poroshenko deliver a joint statement to the press
Presidential Administration Building, Kyiv, Ukraine

Vice President Biden accompanied by Myroslava Gongadze, a Voice of America correspondent, lays flowers at the memorial of her husband,  Georgiy Gongadze, a missing Ukrainian journalist
Kyiv, Ukraine

Vice President Biden lays flowers at a memorial for those who were killed during protests in Ukraine last year
Kyiv, Ukraine

Vice President Biden hosts a anti-corruption roundtable with government and civil society leaders
Mariyinsky Palace, Kyiv, Ukraine

Vice President Biden and Dr Jill Biden depart Kyiv en route to Istanbul

Vice President Biden has a working dinner with Turkey Prime Minister Davutoğlu
Istanbul, Turkey

Saturday, November 22nd

Vice President Biden addresses “The Energy and Economic Summit” hosted by the Atlantic Council
Istanbul, Turkey

Vice President Biden meets with “Checks and Balances Network” a group funded by the National Democratic Institute
Istanbul, Turkey

Vice President Biden and Turkey President Erdogan have a working lunch
Beylerbeyi Palace, Istanbul, Turkey

Sunday, November 23rd

Vice President meets with the Turkey’s Ecumenical Patriarch, His All Holiness Bartholomew
Istanbul, Turkey

Vice President Biden and Dr. Biden depart Istanbul en route Washington, DC.
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Pres Obama Travels to Asia: APEC CEO/Leaders Summit, EAS & U.S.-ASEAN Summit

11/08/2014

2014 APEC Beijing

Asia-Pacific Economic Cooperation (APEC) is a forum for 21 Pacific Rim member economies that seeks to promote free trade and economic cooperation throughout the Asia-Pacific region. It was established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world; to fears that highly industrialized Japan (a member of G8) would come to dominate economic activity in the Asia-Pacific region; and to establish new markets for agricultural products and raw materials beyond Europe (where demand had been declining). APEC works to raise living standards and education levels through sustainable economic growth and to foster a sense of community and an appreciation of shared interests among Asia-Pacific countries. APEC includes newly industrialized economies, although the agenda of free tradewas a sensitive issue for the developing NIEs at the time APEC founded, and aims to enable ASEAN economies to explore new export market opportunities for natural resources such as natural gas, as well as to seek regional economic integration (industrial integration) by means of foreign direct investment. Members account for approximately 40% of the world’s population, approximately 54% of the world’s gross domestic product and about 44% of world trade.

An annual APEC Economic Leaders’ Meeting is attended by the heads of government of all APEC members except Taiwan (which is represented by a ministerial-level official under the name Chinese Taipei as economic leader). The location of the meeting rotates annually among the member economies, and a famous tradition, followed for most (but not all) summits, involves the attending leaders dressing in a national costume of the host country.

Source: http://en.wikipedia.org/wiki/Asia-Pacific_Economic_Cooperation

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APEC CEO/Leaders Summit 2014 - Beijing

APEC CEO/Leaders Summit 2014 – Beijing

APEC CEO Summit – November 10 – 11, 2014
China National Convention Center, Beijing, China

Website: http://www.apec-china.org.cn/en/

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11/10/14 FACT SHEET: Supporting American Job Growth And Strengthening Ties By Extending U.S./China Visa Validity for Tourists, Business Travelers, and Students

11/10/14 Trans-Pacific Partnership Leaders’ Statement

11/10/14 FACT SHEET: The U.S.-Australia Alliance

11/10/14 Statement by the President on Net Neutrality

11/11/14 2014 APEC Leaders’ Declaration

11/11/14 FACT SHEET: 22nd Annual APEC Economic Leaders’ Meeting

11/11/14 FACT SHEET: APEC Efforts to Support Emergency and Disaster Preparedness, Recovery, and Resilienc

11/11/14 FACT SHEET: APEC Leaders Commit to Protect the Environment

11/11/14 FACT SHEET: Key Infrastructure Initiatives Supporting U.S. Economic Priorities Work in the G20 and APEC

11/11/14 FACT SHEET: APEC Breaks Down Barriers to Women’s Economic Participation

11/11/14 FACT SHEET: Promoting Energy Security and Clean, Efficient, and Sustainable Energy Development in the APEC Region

11/11/14 FACT SHEET: Fulfilling Leaders’ Instructions on Quality in Higher Education

11/11/14 FACT SHEET: Leading the Fight Against Corruption and Bribery

11/11/14 FACT SHEET: APEC Leaders Agree on Actions to Promote Regional Economic Integration and Trade

11/11/14  FACT SHEET: U.S.-China Joint Announcement on Climate Change and Clean Energy Cooperation

11/11/14 U.S.-China Joint Announcement on Climate Change

11/11/14 FACT SHEET: President Obama’s Visit to China

11/12/14 FACT SHEET: U.S.-China Economic Relations


ASEAN Myanmar 2014

The Association of Southeast Asian Nations (ASEAN) is a geo-political and economic organization of ten countries located in Southeast Asia, which was formed on 8 August 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand.  Since then, membership has expanded to include Brunei, Burma (Myanmar), Cambodia, Laos, and Vietnam. Its aims include accelerating economic growth, social progress, cultural development among its members, protection of regional peace and stability, and opportunities for member countries to discuss differences peacefully.

For more: http://www.asean.org/

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November 12-14, 2014
East Asia Summit (EAS) and the U.S.-ASEAN Summit
Nay Pi Taw, Burma

Website: http://www.asean.org/news/asean-secretariat-news/item/asean-leaders-gather-in-myanmar-for-a-historic-summit

11/13/14 FACT SHEET: 2nd ASEAN-U.S. Summit

11/13/14 FACT SHEET: U.S. Assistance to Burma

11/13/14 Opening of a Peace Corps Program in Burma

11/13/14 U.S. and India Trade Facilitation Agreement at the World Trade Organization (WTO)

11/13/14 FACT SHEET: New Initiative to Improve Labor Rights in Burma

11/13/14 FACT SHEET: The President’s Young Southeast Asian Leaders Initiative

11/13/14 Joint Statement by The The Republic of the Union of Myanmar, the United States of America, Japan, Denmark and the International Labour Organization (ILO) on Labor Rights and Practices in Myanmar

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President Obama’s Asia Travels Itinerary

President Obama travels to China and Burma from November 10-15.  In China from November 10-12, President Obama will attend the APEC Leaders Meeting and APEC CEO Summit.  Upon the conclusion of the APEC Leaders Meeting, the President will participate in a state visit with President Xi Jinping of China.  In Burma from November 12-14, President Obama will attend the East Asia Summit (EAS) and the U.S.-ASEAN Summit in Nay Pi Taw, and hold a bilateral meeting with President Thein Sein.  In Rangoon on November 14, the President will participate in a town hall event with participants in the Young Southeast Asian Leaders Initiative (YSEALI) and meet with Aung San Suu Kyi.

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Monday, November 10th

President Obama arrives in Beijing

President Obama holds a bilateral meeting Indonesian President Widodo
Westin Beijing Chaoyang, Beijing, China

President Obama participates in a Trans-Pacific Partnership (TPP) Leaders Meeting
Embassy of the United States, Beijing, China

President Obama meets and greets with Embassy personnel
Embassy of the United States, Beijing, China

President Obama holds a bilateral meeting with Australian Prime Minister Abbott
Embassy of the United States, Beijing, China

President Obama delivers remarks at the APEC CEO/Leaders Summit
China National Convention Center, Beijing, China

President Obama arrives at the Beijing National Aquatics Center for an APEC Welcome Banquet
Beijing National Aquatics Center, Beijing, China

President Obama participates in an APEC family photo
Beijing National Aquatics Center

President Obama attends an APEC welcome banquet
Beijing National Aquatics Center, Beijing, China

President Obama overnights in Beijing

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Tuesday, November 11th

President Obama attends an official APEC summit a welcoming ceremony
International Convention Center, Yanqi Lake, Beijing, China

President Obama attends the APEC CEO Summit plenary session
International Convention Center, Yanqi Lake, Beijing, China

President Obama participates in an official APEC family photo
International Convention Center, Yanqi Lake, Beijing, China

President Obama participates in an official APEC tree planting ceremony
Friendship Lawn, Yanqi Lake, Beijing, China

President Obama attends an  APEC working lunch with leaders
International Convention Center, Yanqi Lake, Beijing, China

President Obama attends the APEC CEO Summit plenary session 2
International Convention Center, Yanqi Lake, Beijing, China

President Obama participates in a walk and talk with Chinese President Xi
Zhong Nan Hai, Beijing, China

President Obama and Chinese President Xi Jinping hold a bilateral meeting
Zhong Nan Hai, Beijing, China

President Obama attends a private dinner with Chinese President Xi
Zhong Nan Hai, Beijing, China

President Obama overnights in Beijing

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Wednesday, November 12th

President Obama and Chinese President Xi Jinping hold a additional bilateral meeting
Great Hall of the People, Beijing, China

President Obama and Chinese President Xi Jinping deliver remarks and hold a press conference
Great Hall of the People, Beijing, China

President Obama attends a State Visit Welcome Ceremony with hosted by Chinese President Xi Jinping
Great Hall of the People, Beijing, China

President Obama holds a meeting with Chinese Premier Li Keqiang
Great Hall of the People, Beijing, China

President Obama travels to Burma

President Obama attends the East Asia Summit (EAS) welcome ceremony
Myanmar International Convention Center, Naypyitaw, Burma

President Obama attends an East Asia (EAS) Summit Gala Dinner
Myanmar International Convention Center, Naypyitaw, Burma

President Obama overnights in Naypyitaw

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Thursday, November 13th

President Obama participates in an U.S.–ASEAN session
Myanmar International Convention Center – Naypyitaw, Burma

President Obama attends a bilateral meeting with Prime Minister Nguyen Tan Dung of Vietnam
Myanmar International Convention Center, Naypyitaw, Burma

President Obama participates in a Roundtable at the Parliamentary Resource Center
Parliamentary Resource Center, Naypyitaw, Burma

President Obama holds a bilateral meeting with Burmese President Thein Sein
Myanmar International Convention Center, Rangoon, Burma

President Obama overnights in Naypyitaw

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Friday, November 14th

President Obama holds a bilateral meeting with Aung San Suu Kyi

Aung San Suu Kyi Residence, Rangoon, Burma

President Obama holds a press conference with Aung San Suu Kyi
Aung San Suu Kyi Residence, Rangoon, Burma

President Obama meets with Peace Corps Director Carrie Hessler-Radelet and Regional Director Keri Lowry
U.S. Embassy, Rangoon, Burma

President Obama holds a civil society roundtable
U.S. Embassy, Rangoon, Burma

President Obama participates in a Young Southeast Asian Leaders Initiative town hall meeting
Yangon University, Rangoon, Burma

President Obama departs Rangoon en route Brisbane, Australia

President Obama overnights on Air Force One

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Saturday, November 15th

President Obama travels to Brisbane, Australia for the G-20 Leaders Meeting

US – China Trade 

US – Burma Trade

US – Australia Trade

Trans-Pacific Partnership

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Protecting American Consumers

10/17/2014

Chip and Pin Credit Cards - Buy Secure

October 17, 2014

Remarks by the President on Protecting American Consumers

Consumer Financial Protection Bureau
Washington, D.C.

12:00 P.M. EDT

THE PRESIDENT: Hello, everybody! (Applause.) Hello. Good job, everybody. Everybody, please have a seat. Well, it is good to be back at CFPB.

AUDIENCE MEMBER: Woo!

THE PRESIDENT: Yes, this is an enthusiastic and rowdy crowd, this group. (Laughter.) That’s what happens when you do good things — you feel good. And this group is doing great work.

I want to thank your director, Rich Cordray, for hosting me here today, and I want to thank all of you for doing a great job in looking out for the financial security of all Americans.

Now, obviously, right now the news is dominated by Ebola, and we’ve got an all-hands-on-deck approach across government to make sure that we are keeping the American people safe. But even as we meet that particular challenge, it’s also important that we don’t lose sight of the other challenges that we face as a nation, especially the challenge of making sure that our economy works for every single American. And that includes the challenge that brings me here today: protecting Americans from financial fraud and identity theft.

As President, I believe that America is stronger when our middle class can count on things like affordable health insurance, and Medicare and Social Security, where there are rules to protect our kids from dirty air or dirty water; rules to protect consumers from being taken advantage of. And I know you agree, those of you at CFPB, because that’s your mission.

And that’s why part of the financial reform that we passed in the wake of the worse financial crisis since the Great Depression was the creation of this agency, to make sure that we are looking at every aspect of the financial system and ensuring that the American people have the basic protections that they should be able to count on. You have one mission: You’re a watchdog for consumers to make sure that the American people have somebody who’s got their backs.

For more: http://www.whitehouse.gov/the-press-office/2014/10/17/remarks-president-protecting-american-consumers

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October 17, 2014

FACT SHEET: Safeguarding Consumers’ Financial Security

Today, the President is signing a new Executive Order directing the government to lead by example in securing transactions and sensitive data. The new BuySecure Initiative will provide consumers with more tools to secure their financial future by assisting victims of identity theft, improving the Government’s payment security as a customer and a provider, and accelerating the transition to stronger security technologies and the development of next-generation payment security tools.

During remarks at the Consumer Financial Protection Bureau (CFPB), the President will highlight steps by his Administration and the private sector to improve security. With over 100 million Americans falling victim to data breaches over the last year, and millions suffering from credit card fraud and identity crimes, there is a need to act — and to move our economy toward stronger, more secure technologies that better secure transactions and safeguard sensitive data.

While there is no silver bullet to guarantee data security, the President is signing an Executive Order to implement enhanced security measures, including securing credit, debit, and other payment cards with microchips in lieu of basic magnetic strips, and PINs, such as those standard on consumer ATM cards. He is calling on all stakeholders to join the Administration and a number of major corporations in driving the economy toward more secure standards to safeguard consumer finances and reduce their chances of becoming victims of identity theft — America’s fastest-growing crime.

Finally today, the President will announce the White House Summit on Cybersecurity and Consumer Protection later this year to promote partnership and innovation. The Summit will bring together major stakeholders on consumer financial protection issues to discuss how all members of our financial system can work together to further protect American consumers and their financial data, now and in the future.

The President will also renew his call to Congress to enact overdue cybersecurity legislation that will help protect Americans — particularly by clarifying companies’ obligations when sensitive data is breached.

Leading by Example: Securing Payments Across the Economy

Federal Efforts to Transition to More Secure Payment Systems: Today, the Federal Government is making an enterprise-wide transition to more secure credit, debit, and other payment cards, as well as the retail payment terminals at government locations like the passport office, VA canteens, and national parks. These new systems will, at a minimum, meet the global security standard of more secure microchips to store card numbers instead of unencrypted magnetic strips, and secure PIN functionality, like the kind featured on most ATM cards. The goal is not just to ensure the security of doing retail business with the government, but also, through this increased demand, to help drive the market towards swifter adoption of stronger security standards. Institutions like the United States Postal Service have already made this transition across tens of thousands of retail facilities across the country.

* Making Chip and PIN Cards the Standard for the Federal Government: These “chip and PIN” cards, which have cut down on payment fraud considerably in other countries, will become the standard for Federal Government programs like SmartPay® and Direct Express®. We are working with these programs to ensure that we begin a replacement program on January 1, 2015, and will, within the calendar year, issue over one million new, more secure government payment cards.

* Updating to Chip and PIN Card Terminals in Federal Agencies Processing Consumer Sales: Every Federal agency processing consumer sales will actively replace any prior-generation card retail payment card terminals to those with new chip and PIN security features under a plan issued by Department of the Treasury, which establishes requirements that federal agencies must follow when receiving credit and debit card payments when using Treasury’s collection system.

For more: http://www.whitehouse.gov/the-press-office/2014/10/17/fact-sheet-safeguarding-consumers-financial-security

The World Fact Book

The World Fact Book

Traveling Abroad? Consider a Chip-and-PIN Credit Card

Foreign countries have different cultures, different customs, different languages – and, to top it all off, some countries have different styles of credit cards.

Rather than using the familiar cards, which feature a magnetic strip at the top of the card, several countries have transitioned to “chip-and-PIN” credit cards, better for consumer safety. While some foreign vendors will continue to accept your traditional magnetic strip cards, some may not.

So, what’s the difference?

Chip-and-PIN cards are embedded with a computer chip that contains the information that would normally be contained in the strip along the top of the card. In addition to this chip system, users are required to enter in a PIN code, much like as would be required for a debit card.

The cards offer greater consumer protection, as it is harder to clone the payment information when a chip is being used, thus reducing identity theft. In France, chip-and-PIN cards have been responsible for a 50 percent reduction in payment fraud, according to the Federal Trade Commission.

The cards are increasingly being made available for U.S. residents, and before traveling, officials suggest you check with your credit card company to see whether chip-and-PIN cards are available. If not, they suggest that you carry a little extra cash, in case foreign vendors refuse to accept your current credit card.

Learn more about using chip-and-PIN cards on European travel.

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* International Travel Tips

Traveler’s Checklist - Bureau of Consular Affairs

Country Information - Bureau of Consular Affairs

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Helping Long-Term Unemployed Americans To Get Back to Work

10/15/2014

What You Need to Know: Our Push To Get Long-Term Unemployed Americans Back to Work

Tanya Somanader October 15, 2014 09:37 AM EDT

(EXCERPTS)

Thanks to the grit and resilience of American workers and business owners, our economy is getting stronger every day. Over the last 55 months, we’ve added 10.3 million jobs — the longest streak of private-sector job growth on record — and the number of job openings rose to its highest level in more than 13 years. We’ve put more people back to work than Japan, Europe, and every other advanced economy combined and the unemployment rate is falling at a faster pace than predicted.

Unemployment 2008- Sept 2014

But one of the greatest challenges from the recession was the rise in long-term unemployment. The Great Recession left too many Americans out of a job through no fault of their own and many continue to search for work. Our strong economic growth is beginning to help.

Since December 2013, the number of long-term unemployed has fallen by 900,000, accounting for about 90 percent of the total drop in unemployment in the past 10 months.

Unemployment Aug 2014

But there is much more work to do, because — despite this progress — the long-term unemployment rate is at twice its typical level. So who exactly are the long-term unemployed, what are the challenges they face in finding work, and what is President Obama doing to help put people back to work? Here are a few answers to important questions about long-term unemployment in America:

1. How long do you actually have to be unemployed to be considered “long-term unemployed”?

2. Who are the people who are facing long-term unemployment?

3. Why is it so hard for long-term unemployed Americans to find work compared to those who are only unemployed for the short-term?

Click here to see a full list of participating businesses and to learn more about how we’re working with them to put people back to work. 

For the entire article: http://www.whitehouse.gov/blog/2014/10/15/what-you-need-know-our-push-get-long-term-unemployed-americans-back-work

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October 15, 2014

FACT SHEET: Getting Long-Term Unemployed Americans Back to Work

In January, President Obama issued a three-part call to action – to employers, to communities across the country, and to federal agencies – to help Americans who are ready to work find jobs, and to help more of the long-term unemployed get back to work. That included unveiling a set of “best practices” being taken by leading employers – including over 80 of the nation’s largest companies – around recruiting and hiring the long-term unemployed, to remove some of the barriers that make it harder for them to navigate the hiring process.

Today, building on the President’s call to action, the White House is providing an update on progress since January and additional steps—taken in conjunction with businesses, non-profit leaders, governors and mayors and federal agencies—to help ensure that Americans still looking for work have a fair shot, and American businesses benefit as a result.

Since December, the long-term unemployment rate has fallen from 2.5 percent to 1.9 percent. The number of long-term unemployed – those unemployed more than 6 months – has fallen by 900,000. This decline accounts for around 90 percent of the total drop in unemployment in the past 10 months. But there is still work left to do. As more jobs are created, it is critical that Americans with skills, experience, and a desire to work have every opportunity to get back to work to maximize the full potential of our talent pool.

Today, the White House is announcing:

* $170 Million in DOL Grants to Support Partnerships that Connect the Long-Term Unemployed to Work. Secretary of Labor Thomas Perez is announcing 23 grants from the Department of Labor’s H-1B funds – totaling $170 million – for programs in 20 states and Puerto Rico to help the long-term unemployed return to the workforce. Grants were awarded to partnerships between non-profits, local government, and employers to train and match long-term unemployed job seekers for in-demand jobs.

* Progress on Business Efforts to Improve Recruiting and Hiring of Long-Term Unemployed. In January, the Administration announced a call to action for businesses to adopt best practices for hiring the long term unemployed and over 300 businesses – including 80 of the nation’s largest companies – announced they were adopting these best practices for hiring and recruiting the long-term unemployed to ensure that these candidates receive a fair shot during the hiring process. Today, the Vice President, the Director of the National Economic Council, and the Secretary of Labor are meeting with the Chief Human Resource Officers of many of these leading companies who have found innovative ways to better integrate applications from the long-term unemployed into their hiring process. Deloitte Consulting and Rockefeller Foundation are also releasing handbooks, created in consultation with HR departments in many companies, which can be used by employers and long-term unemployed job seekers to return a greater number of people to the workforce.

* Ensuring Federal Hiring Process Gives Long-Term Unemployed Job Applicants a Fair Shot. Following up on a Presidential Memorandum issued in January, the Office of Personnel Management (OPM) is issuing guidance to Federal agencies to ensure that individuals who are unemployed or have faced financial difficulties because of circumstances like job loss receive fair treatment and consideration for employment by Federal agencies.

For more: http://www.whitehouse.gov/the-press-office/2014/10/15/fact-sheet-getting-long-term-unemployed-americans-back-work

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White House, companies look for ways to hire long-term unemployed

10/15/14 Roberta Rampton – Reuters

WASHINGTON (Reuters) – Vice President Joe Biden will meet with human resource officers from major U.S. companies at the White House on Wednesday to discuss changes to hiring practices aimed at improving employment prospects for people who have been out of work for a while.

Officials from companies such as Citigroup, CVS Caremark, Boeing and Dow Chemical will talk about steps they have taken when they meet with Biden, Labor Secretary Tom Perez, and Jeff Zients, head of President Barack Obama’s National Economic Council, the White House said.

Perez also will announce $170 million in 23 grants to help train people from the ranks of the long-term unemployed and match them with jobs.

Zients told reporters that qualified people who have a gap on their resume can face “significant artificial barriers” with certain screening practices used to sort through resumes.

“It’s a vicious cycle, as the long-term unemployed are less likely to be offered a job even when they have the exact same resume and qualifications as other applicants,” Zients said on a conference call.

Earlier this year, about 300 companies agreed to tweak their screening, advertising, interviewing and training practices so that candidates who had been out of work for months were not automatically excluded from opportunities.

For example, the White House said Frontier Communications hired more than 250 people from the ranks of the long-term unemployed since January – representing about 20 percent of the company’s hires – because it stopped using resume screens.

For more: http://news.yahoo.com/white-house-companies-look-ways-hire-long-term-041305989–finance.html;_ylt=AwrSyCTkdz5UdyYA4EDQtDMD

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$150M available to states to implement or expand
job-driven training programs for laid-off workers

4/28/14 dol.gov

WASHINGTON — The U.S. Department of Labor today announced the availability of up to $150 million in funding through a new Job-Driven National Emergency Grant program to train workers who have lost their jobs through no fault of their own for jobs in high-demand industries.

These investments will help create or expand employer partnerships that provide opportunities for on-the-job training, Registered Apprenticeships or other occupational training that results in an industry-recognized credential. Funding will also be used to provide services, such as coaching, counseling and direct job placement, that help connect laid-off workers, including the long-term unemployed, with available jobs. Focusing funding on proven, job-driven training strategies is a key component of the Obama administration’s agenda to connect ready-to-work Americans with ready-to-be-filled jobs.

“Helping workers acquire the skills that employers say they need is a key way the Labor Department fulfills the president’s vision of opportunity for all,” said U.S. Secretary of Labor Thomas E. Perez. “These grants will provide states with critical funding to implement and expand proven strategies so that workers can secure a foothold in the middle class and businesses can grow.”

In addition to expanding work-based learning strategies — which recent studies show increase employment and earnings outcomes — grantees will also develop strong partnerships between workforce and industry organizations and align services with other federal, state or local programs, such as Unemployment Insurance, Workforce Investment Act, and Trade Adjustment Assistance programs. Funds may also be used to implement innovative approaches, such as:

* ob coaching, navigation and job-matching models that help dislocated workers, particularly the long-term unemployed, receive the specialized services they need to rapidly re-enter the workforce;

* using technology and social media to recruit participants, improve job search tools, provide distance learning opportunities, and effectively collect and disseminate labor market information;

* specialized services for laid-off workers, such as financial counseling and one-on-one coaching; and

* developing employer outcome measures to track employer satisfaction and success.

Up to $150 million in grants ranging from $500,000 to $6 million are being made available to states, territories and federally-recognized tribes through the Workforce Investment Act Dislocated Worker National Reserve fund. Applications must be received by May 27 to be considered.

For more: http://www.dol.gov/opa/media/press/eta/ETA20140714.htm

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Helping the Long-Term Unemployed Get Back to Work

Gene Sperling and Valerie Jarrett February 10, 2014 11:29 AM EDT

In this year’s State of the Union address, President Obama called attention to a stubborn legacy of the Great Recession that remains despite the progress we have made in creating new jobs: a historically high number of Americans who are ready and eager to work, but have found themselves among the ranks of the long-term unemployed.

Although many of these Americans could help employers fill their hiring needs if given the chance, they often face particular barriers in getting back to work. Research shows that the long-term unemployed are frequently overlooked and sometimes excluded from job opportunities – one study found that candidates who had been out of work eight months were called back for interviews only about half as often as candidates who had been out of work one month, even with an otherwise identical résumé.

“I’ve heard from too many of these folks,” President Obama told a group of CEOs and business leaders the week of his State of the Union address. “They fill out 100 applications, 200 applications. They’re sending out résumés, still finding time to volunteer in their community, or helping out at church. Sometimes they have more experience and education and skill than newly unemployed Americans.”

“They just need that chance,” he said.

President Obama has made clear that there are actions that we need to take together with Congress – from extending emergency unemployment insurance to investing in areas like infrastructure and manufacturing that would strengthen demand now – to help the long-term unemployed get back to work. But the President is also committed to taking steps in partnership with businesses, non-profits, mayors, and governors and anyone else ready to address this challenge. That’s why he came together with CEOs of leading companies who announced they were signing onto new best practices for hiring and recruiting the long-term unemployed, designed to ensure the long-term unemployed receive a fair shot in the hiring and recruiting process. These best practices include:

* Ensuring advertising does not discourage or discriminate against the unemployed
* Reviewing screening and other recruiting procedures so that they do not intentionally or inadvertently disadvantage individuals based solely on their unemployment status
* Using recruitment practices that cast a broad net and encourage all qualified candidates to apply
* Sharing best practices for success in hiring the long-term unemployed within their companies and across their supply chains and the greater business community

More than 300 companies have signed onto these best practices – including 80 of the nation’s largest businesses, 20 of whom are members of the Fortune 50. To ensure that the federal government leads by example, President Obama signed a Presidential Memorandum that will ensure federal hiring does not put the unemployed at a disadvantage in the hiring process. And he announced that the Department of Labor would use $150 million in existing resources to support “Ready to Work” Partnerships between employers, non-profit organizations, and America’s public workforce system that will provide more of the long-term unemployed individuals with services and training that can help connect them to middle and high-skill jobs.

For more: http://www.whitehouse.gov/blog/2014/02/10/helping-long-term-unemployed-get-back-work

2014 SOTU calls for action on increasing jobs

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Manufacturing Day 2014

10/02/2014

ADVANCED MANUFACTURING is a matter of fundamental importance to the economic strength and national security of the United States. Advanced manufacturing capabilities are essential for turning research discoveries, inventions, and new ideas into better or novel products—our nation’s ability to innovate. Innovation, in turn, drives U.S. economic growth and growth of U.S. productivity. There are many interrelated elements of an innovation ecosystem—entrepreneurs, workers, tax policies, to name a few—but without manufacturing, the economic power and dynamism of innovation fade.

Learn more: http://manufacturing.gov/advanced_manufacturing.html .

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MAKE IT IN AMERICA America’s manufacturing sector plays a major role in the U.S. economy. When manufacturers are developing and producing innovative products that are sold around the world, the U.S. economy grows. Increased manufacturing also encourages the growth of secure, well-paying jobs. To make a measurable impact on rebuilding U.S. manufacturing and creating jobs, the Manufacturing Extension Partnership is focused on a “Make It In America” agenda. .

MEP supports job creation now and in the future by encouraging manufacturers to collaborate in developing products in America. Through various public-private partnerships, MEP provides a valuable infrastructure that fosters resilient processes for manufacturers to “Make it in America”. Learn more:  http://manufacturing.gov/miia.html .

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US manufacturing continues to decouple from rest of world

10/1/14 Chris Williamson | Chief Economist, Markit

An initial glance at the global manufacturing PMI suggest that business activity in the world’s factories continued to grow at a steady rate in September, albeit with the pace dipping slightly on August. However, a deeper dive into the numbers presents more worrying picture. The global upturn has become increasingly dependent on the fast-expanding US manufacturing economy, with the pace of expansion in the rest of the world slipping to near stagnation.

Manufacturing expansion driven by US

The JPMorgan Global Manufacturing PMI™, compiled by Markit, edged down from 52.5 in August to 52.2 in September, its lowest since May. The survey data are broadly consistent with global manufacturing output growing at an annual rate of 4% in recent months, broadly similar to the pace seen over the past year.

For more: http://www.markit.com/Commentary/Get/01102014-Economics-US-manufacturing-continues-to-decouple-from-rest-of-world

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Factory Job Gains Under Obama Best Since Clinton: BGOV Barometer

Sep 25, 2012 9:00 PM PT By Shobhana Chandra – bloomberg

In an election focused on jobs, President Barack Obama can boast of crossing one milestone: the longest stretch of employment gains in manufacturing in almost two decades.

The BGOV Barometer shows U.S. factory positions have grown since early 2010, arresting a slide that began toward the end of the 1990s. It’s the best showing since the era of Bill Clinton, the only president in the last 30 years to leave office with more factory jobs than when he began.

“The gain in manufacturing jobs is certainly helpful, it is one way to show we’re moving forward,” said Terry Madonna, a political science professor and director of the Franklin & Marshall College poll in Lancaster, Pennsylvania. “President Obama has to create a psychology all over the country that things are getting better. This is a piece explaining that idea.”

For more: http://www.bloomberg.com/news/2012-09-26/factory-job-gains-under-obama-best-since-clinton-bgov-barometer.html .

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US Manufacturing Activity Strays Strong

10/1/14  By Myles Udland – Business Insider

Markit’s September US manufacturing PMI came in at 57.5.

Expectations were for the report to come in at 57.9, unchanged from last month.

In a release, Markit said, “September data pointed to another positive month for the US manufacturing sector, with strong rates of output and new orders growth underpinning the fastest expansion of payroll numbers for two-and-a-half years. There were again signs of rising price pressures in the manufacturing sector, with input costs and factory gate changes rising at the sharpest rates since December 2013.”

Read more: http://www.businessinsider.com/markit-us-manufacturing-pmi-september-2014-10

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Corporate U.S. Healthiest in Decades Under Obama With Lower Debt

Oct 1, 2014 6:56 PM PT By Thomas Black and Matt Robinson – bloomberg

Steve Wynn, founder of the Wynn Resorts Ltd. (WYNN) casino empire, once called President Barack Obama’s administration “the greatest wet blanket to business and progress and job creation in my lifetime.” Barry Sternlicht, chief executive officer of Starwood Property Trust Inc. (STWD), said Obamacare was driving down wage growth and “affecting spending and the desire to buy houses and everything else.”

They are among a chorus of corporate executives and lobbying groups that regularly assail Obama for policies that they say are stifling investment and hurting companies.

Corporate and economic statistics almost six years into his administration paint a different picture. Companies in the Standard & Poor’s 500 (SPX) Index are the healthiest in decades, with the lowest net debt to earnings ratio in at least 24 years, $3.59 trillion in cash and marketable securities, and record earnings per share. They are headed this year toward the fastest average monthly job creation since 1999, manufacturing is recovering and the U.S. has returned as an engine for global growth. The recovery, which stands in contrast to weak growth in Europe and Asia, has underpinned an almost threefold gain in the Standard & Poor’s 500 Index since March 2009.

Wynn has been part of that recovery. Since Obama first took the oath on Jan. 21, 2009, the shares of his luxury hotel company have surged fivefold while the S&P 500 Index more than doubled. Starwood Property Trust, Sternlicht’s Greenwich, Connecticut-based real estate company, has risen 36 percent since its August 2009 initial public offering, while an index of real estate investment trusts declined.

Accelerating Growth

“The U.S. is leading the way — we’re the only major economy with accelerating growth,” said Mark Zandi, chief economist in West Chester, Pennsylvania, for Moody’s Analytics Inc. and a registered Democrat who has advised both the Obama administration and Senator John McCain, a Republican. “Obama deserves some credit for that, but he probably won’t get it.”

For more: http://www.bloomberg.com/news/2014-10-02/corporate-u-s-healthiest-in-decades-under-obama-with-lower-debt.html

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Portals and Partners

Commerce.gov
Entrepreneurship.gov
 USA.gov
Export.gov
Regulations.gov
Grants.gov
Security and Prosperity Partnership of North America
Forms.gov
Fedbizopps.gov
gpoaccess.gov

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What is Manufacturing Day?
Manufacturing Day addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is — and what it isn’t. By working together during and after MFG DAY, manufacturers will begin to address the skilled labor shortage they face, connect with future generations, take charge of the public image of manufacturing, and ensure the ongoing prosperity of the whole industry.

Supported by a group of industry sponsors and co-producers, MFG DAY is designed to amplify the voice of individual manufacturers and coordinate a collective chorus of manufacturers with common concerns and challenges. The rallying point for a growing mass movement, MFG DAY empowers manufacturers to come together to address their collective challenges so they can help their communities and future generations thrive.

For more: http://www.nist.gov/mep/mfgday-infographic.cfm/

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Friday, October 3, 2014
President Obama holds a town hall meeting on American Manufacturing
Millennium Steel, Princeton, Indiana


Corporate Tax Inversions

09/28/2014

inversionCorporate inversions 2

Tax Inversion

Tax inversion, or corporate inversion, is the relocation of a corporation’s headquarters to a lower-tax nation or corporate haven, usually whilst retaining its material operations in its higher-tax country of origin. The term is most frequently used in relation to U.S. corporations. Corporate inversions are a relatively recent phenomenon; although it is difficult to be definitive, the practice first became prevalent in the 1990s with U.S. corporations seeking to relocate to tax havens such as Bermuda; but more recently because of changes in the U.S. law publicity has focused upon corporate inversions conducted by way of merger with companies in lower tax European or Asian countries.

For more: http://en.wikipedia.org/wiki/Tax_inversion

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The Cost of Doing This Kind of Business: What Corporate Inversions Mean for America’s Future

Tanya Somanader September 26, 2014 1:00 PM EDT

A good way to build a stronger economy is to create a fairer and more efficient tax code — one that promotes business investment and job creation in the United States. That is why the President has proposed business tax reform that will simplify the tax code by lowering the corporate tax rate and closing wasteful loopholes.

Congress has yet to act on the President’s proposal, and in the meantime, some companies continue to exploit unfair tax loopholes. One such loophole allows U.S. corporations to undertake an “inversion,” whereby a company relocates their tax residence overseas, while changing very little else about its operations or business, in order to avoid paying taxes. With a simple change of paperwork, these companies can dramatically reduce their taxes, leaving other businesses and middle-class taxpayers to pick up the tab.

Dozens of U.S. corporations have taken advantage of the inversions loophole in recent years, and more are looking to follow suit. By renouncing their U.S. citizenship, these companies will cost our country nearly $20 billion over the next decade — critical dollars that could be used to grow and expand the middle class.

For more: http://www.whitehouse.gov/blog/2014/09/26/cost-doing-kind-business-what-corporate-inversions-mean-america-s-future

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What Are “Inversions,” and Why Should You Care?

President Obama is calling for a kind of “economic patriotism” that’s based on investing in the things that we know grow the economy for everyone (like education and job training) — not protecting wasteful loopholes for a few at the top.

And he’s calling attention to one kind of corporate merger deal in particular — called an “inversion” — a word you might be seeing in a lot of news headlines lately.

It’s not the most intuitive name for a corporate tax loophole, so we’re going to break it down for you.

Q: So what exactly is an “inversion”?

A corporate “inversion” is what happens when a U.S.-based multinational with operations in other countries restructures itself so that the U.S. “parent” is replaced by a foreign corporation — and usually one that’s in a country with a lower tax rate than the United States. As a result, on the whole, this means that corporate income tax that would otherwise be paid to the United States ends up going overseas.

In other words, right now, our tax code allows any American company to merge with a foreign company (so long as that company’s shareholders own 20% of the combined firm) — and then “relocate” or “invert” to another country for tax purposes. This maneuver — which changes nothing about the actual operations that continue in the U.S. — allows companies to dramatically reduce the taxes they owe in the U.S. by taking advantage of loopholes in our tax system.

Meanwhile, they would continue enjoying the benefits and protections of the American economy — provided by our tax dollars. It’s a big loophole — and right now, it’s completely legal.

Q: That’s got to be costing us a lot of money, right?

Yes, and it could cost us even more. This is a growing trend among American corporations, and they’re getting increasingly creative and brazen in the ways they’re doing it. What’s more, for decades, countries have been holding “tax competitions” to lure American companies, offering special tax breaks to help them avoid paying their fair share at home.

All told, estimates suggest that it could cost nearly $20 billion over the next 10 years.

Q: OK, but I’m not a corporation. So how does this relate to me?

Simply put: You’re paying for it.

That’s because when corporations pay less, other working Americans have to pay more to help fund the services we all rely on: rebuilding our roads and bridges, equipping our schools with the resources they need, and defending our country at home.

Most Americans don’t have fancy accounting tricks at their disposal — and these businesses shouldn’t, either.

For more: http://www.whitehouse.gov/blog/2014/07/24/what-are-inversions-and-why-should-you-care

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Lew Says Business-Tax Revamp Best for Limiting Inversions

U.S. Treasury Secretary Jacob J. Lew said the best way to deal with corporate inversions is through a comprehensive revamp of business taxation, according to a statement from the department.

Lew’s comments came in a meeting with policy specialists today in Washington, including Alice Rivlin of the Brookings Institution, Maya MacGuineas of the Committee for a Responsible Federal Budget, and Jared Bernstein of the Center on Budget and Policy Priorities, the Treasury said.

Lew’s comments today echo his previous statements on the issue, which emphasized reducing tax rates and making it harder for U.S. companies to shift profits overseas. The Treasury Department is also working on options for regulatory steps to curb inversions or make them less attractive.

During the meeting, Lew “expressed the same view he’s expressed publicly about the problem of inversions,” Bernstein said in an interview after the meeting.

Treasury is developing a plan on inversions and hasn’t made any decisions yet, said another person participating in the meeting. If Congress doesn’t revamp business-tax law, the department wants to find another approach, said the person, who asked not to be named since the meeting was closed.

In a recognition that such initiatives probably won’t become law soon, the administration is advocating retroactive legislation to prevent U.S. companies from changing their tax address by purchasing a smaller foreign company.

For more: http://www.bloomberg.com/news/2014-08-21/lew-says-business-tax-reform-best-for-addressing-inversions.html

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Outsourcing Message from AllAmericanClothing.com

Outsourcing Message from AllAmericanClothing.com

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Executive Order 11246 – Affirmative Action, 49th Anniversary

09/23/2014
President Lyndon B. Johnson and Martin Luther King Jr in a meeting at the White House

President Lyndon B. Johnson and Martin Luther King Jr in a meeting at the White House

Executive Order 11246, signed by President Lyndon B. Johnson (D) on September 24, 1965, established requirements for non-discriminatory practices in hiring and employment on the part of U.S. government contractors. It “prohibits federal contractors and federally assisted construction contractors and subcontractors, who do over $10,000 in Government business in one year from discriminating in employment decisions on the basis of race, color, religion, sex, or national origin.” It also requires contractors to “take affirmative action to ensure that applicants are employed, and that employees are treated during employment, without regard to their race, color, religion, sex or national origin.” The phrase affirmative action had appeared previously in Executive Order 10925 in 1961.

The order was a follow-up to Executive Order 10479 signed by President Dwight D. Eisenhower on August 13, 1953 establishing the anti-discrimination Committee on Government Contracts, which itself was based on a similar Executive Order 8802 issued by President Franklin D. Roosevelt in 1941. Eisenhower’s Executive Order has been amended and updated by at least six subsequent Executive Orders. It differed significantly from the requirements of the Civil Rights Act of 1964, which only required organizations to document their practices once there was a preliminary finding of wrongdoing. This Executive Order required the businesses it covered to maintain and furnish documentation of hiring and employment practices upon request.

The Executive Order also required contractors with 51 or more employees and contracts of $50,000 or more to implement affirmative action plans to increase the participation of minorities and women in the workplace if a workforce analysis demonstrates their under-representation, meaning that there are fewer minorities and women than would be expected given the numbers of minorities and women qualified to hold the positions available. Federal regulations require affirmative action plans to include an equal opportunity policy statement, an analysis of the current work force, identification of under-represented areas, the establishment of reasonable, flexible goals and timetables for increasing employment opportunities, specific action-oriented programs to address problem areas, support for community action programs, and the establishment of an internal audit and reporting system.

The Order assigned the responsibility for enforcing parts of the non-discrimination in contracts with private industry to the Department of Labor. Detailed regulations for compliance with the Order were not issued until 1969, when the Nixon administration made affirmative action part of its civil rights strategy.

For more: http://en.wikipedia.org/wiki/Executive_Order_11246

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History of Executive Order 11246 - U.S. Department of Labor

Executive Order 11246 - United States Department of Justice

 

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