03/18/2010 05:12 am ET | Updated May 25, 2011

Schwarzenegger To Propose Spending $500 Million For Worker Training

Reporting from Sacramento - Gov. Arnold Schwarzenegger today will lay out plans to spend $500 million on worker training in an effort to create 100,000 jobs, along with other measures to stimulate the economy, as a centerpiece of his policy agenda for his final year in office.

Schwarzenegger is set to announce the proposal this morning in his last State of the State address to lawmakers, in an attempt to stem the bleeding of jobs in a state that had a November unemployment rate of 12.3%.