Economics

Obama Recruits Gap, McDonald’s for Skills Training

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President Barack Obama announced an initiative today that links companies including McDonald’s Corp. and United Technologies Corp. with community colleges for programs aimed at boosting the job skills of American workers.

Gap Inc., Pacific Gas & Electric, and Accenture Plc also are among the first firms enrolling in the partnership, called “Skills for America’s Future,” which grew out of recommendations of the President’s Economic Recovery Advisory Board headed by former Federal Reserve Chairman Paul Volcker.