One idea I like is directly funding apprenticeship. It pays for job training and classroom instruction on a per-individual basis. The jobs are in long-term career sectors like advanced manufacturing, shipbuilding, aviation, healthcare, and technology.
Here's one example: https://www.dol.gov/newsroom/releases/osec/osec20250923
In Georgia, the employer is reimbursed $2,500 when an apprentice starts and up to $10,000 when they finish. They can also get up to 75% of the apprentice's hourly wage covered during their initial on-the-job training.