First Move · AI & Jobs ·
Riding the wave — Saturday morning, 27 June
New Nonprofit Launches with $500M+ to Empower Workers Adapting to AI Economy
This week, a major bipartisan initiative launched to fund worker education, while California debuted an AI job tracker showing no immediate statewide unemployment surge.
Macro signals
- A new bipartisan nonprofit, RAISE US, launched with over $500 million to deploy on new forms of education and training for American workers adapting to AI. Founded by former Commerce Secretary Gina Raimondo and former Indiana Gov. Eric Holcomb, the group aims to pilot programs in states like Arkansas, Maryland, Utah, and Connecticut.
- California introduced the nation's first publicly available AI-Unemployment Tracker on June 25, developed in partnership with the California Policy Lab's UCLA site and the California Employment Development Department. Initial data from the tracker shows no evidence of rising statewide unemployment claims in AI-exposed occupations.
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