Private Employment Training Incentive Act

[AI summary unavailable — showing source text] Private Employment Training Incentive Act - Directs the Secretary of Labor to develop, within the six-month period beginning on the date of enactment of this Act, reliable methods to obtain statistically accurate data on employment demand, by trade and occupation, sufficient to determine occupations and skills for which there is a currently expanding demand. Directs the Secretary, before the end of such period and every three months thereafter, to issue a report listing by region each trade and occupation for which demand is expanding and estimating, for each, the number of individuals: (1) qualified and currently employed or available for employment; (2) needed to meet the projected demand during the next ten years (in one-year intervals); and (3) receiving or to be receiving training during such period. Establishes the Private Employment Training Incentive Program, to be administered by the Secretary, to provide unemployed or underemployed individuals the opportunity to receive employment training in trades or occupations of their choice and obtain employment with employers of their choice through a voucher system which reimburses employers one-half of wages paid. Directs the Sec…