Individual Training Accounts: Testing Models of Paying for Job Training
Prepared for:
U.S. Department of Labor, Employment and Training Administration
Improving the Effectiveness of Individual Training Accounts: Long-Term Findings from an Experimental Evaluation of Three Service Delivery Models
Associated Project
Key Findings
- Job seekers in the United States could realize potential net benefits over 20 years of approximately $41,000 per person if local workforce training agencies implemented programs that combine higher, more flexible individual limits for expenditures on state-approved training with support from training counselors.
According to findings from a new study, job seekers in the United States could realize potential net benefits over 20 years of approximately $41,000 per person if local workforce training agencies implemented programs that combine higher, more flexible individual limits for expenditures on state-approved training with support from training counselors. The study, funded by the U.S. Department of Labor, Employment and Training Administration, is the first long-term evaluation of the relative effects of alternative training models used under the Workforce Investment Act. It shows that moving away from the status quo to provide more flexible, higher-value training awards is cost-effective and has large, positive impacts on the long-term earnings of ITA job seekers.
More like this from Mathematica
Efficiency Meets Impact.
That's Progress Together.
To solve their most pressing challenges, organizations turn to Mathematica for deeply integrated expertise. We bring together subject matter and policy experts, data scientists, methodologists, and technologists who work across topics and sectors to help our partners design, improve, and scale evidence-based solutions.
Work With Us