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Trade Schools Boom As Jobless Seek New Careers

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Trade Schools Boom As Jobless Seek New Careers

 CBS News Interactive: Eye On The Economy
NEW YORK (CBS) ― Trade schools nationwide are reporting a 10 percent increase in enrollment this year, CBS station WCBS-TV reported.

The key to their growth has been increases in jobless rates. The unemployed are out in droves looking for training before attempting to change careers.

After seven years in the hotel business, Julie Stockton is making up a brand new career.

"In this economic situation, we started to feel the crunch and unfortunately, I got laid off," Stockton said.

Daniel Wieczorek is also reinventing himself after recently being laid off from a financial recruiting job.

"My mother has a hair salon, and she asked me if I'd be interested in taking it over," Wieczorek says.

Wieczorek is studying become a hair stylist. He qualified for some financial aid, and says he now looks at his layoff as a blessing in disguise.

"It worked out better for me than I could imagine," Wieczorek says. "I'm really not as stressed, my day is done at 5 p.m."

The Institute for Culinary Education has seen a 15 percent increase in the last year alone, WCBS-TV reported.

"As bad as the economy is, the future still looks pretty bright for electricians, plumbers, carpenters," Leonard Sheiner, of the Industrial Management & Training Institute, says.

With 250,000 construction jobs expected to become available over the next five years, Leonard Sheiner says the increased enrollment at his technical school is perfect timing. Graduates can expect to earn up to $45 an hour.

As part of the House stimulus package, the federal government would send the states an additional $1 billion to provide training and re-employment services to dislocated workers.

(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)

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