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Deputy U.S. Secretary of Labor Steven Law backs readying future leaders through education

In Salt Lake City: Steven Law cites Bush ideal of keeping a global business advantage

Deputy U.S. Secretary of Labor Steven Law admits that with the nation’s economy thriving, preaching about the need to retain global business leadership is a tough sell.

That said, Law contended in Salt Lake City on Tuesday that is critical the country’s business leaders take seriously the White House call for preparing a new generation to compete in the markets of the future.

Speaking at a Utah Information Technology Association CEO Roundtable, Law said "in many ways, times are fairly good right now," citing the creation of 4.8 million jobs over the past two and a half years, and unemployment levels nationally hovering around 4.7 percent.

By Bob Mims
The Salt Lake Tribune

Full Story: http://www.sltrib.com/business/ci_3533349

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Knowledge vital to new economy, fed says

By Jenifer K. Nii
Deseret Morning News

A discussion on competitiveness ended up emphasizing the debate — national and local — on immigration issues Tuesday, as Utah business owners conveyed their frustrations to the visiting U.S. deputy labor secretary.

Deputy Labor Secretary Steven J. Law, in town to plug President Bush’s "American Competitiveness Initiative" and to get feedback from local business and industry leaders, said Tuesday that the global economy is entering a new phase — one emphasizing knowledge, technology and the implementation of technology.

"We are entering into a dynamic new kind of economy called the knowledge economy," Law told the Utah Information Technology Association. "It’s an economy not just based on the old industrial norms. It’s based on new kinds of knowledge, new kinds of technology and the application of those kinds of technologies. And the way to stay on the cutting edge in that kind of economy is to continuously and aggressively invest in knowledge."

The competitiveness initiative, introduced during the president’s State of the Union address, calls for doubling the federal commitment to research in science, technology and life sciences over the next 10 years; adding 70,000 teachers to lead Advanced Placement math and science classes; and putting about $380 million more toward improving math/science curricula in grades K-12.

Full Story: http://deseretnews.com/dn/view/0,1249,635186385,00.html

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