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Business Mismatch between jobs, job seekers contributes to unemployment

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Business Mismatch between jobs, job seekers contributes to unemployment

Post by Guest on Sat Apr 16, 2011 11:30 pm

For some laid-off workers, training for a different career could be their only hope of getting a paycheck again. But it's a "fantasy" to think training is the solution to most of the country's unemployment woes, according to University of Chicago scholar Robert J. LaLonde.

The main problem, says LaLonde, a professor of public policy who studies workforce issues, is that there just aren't enough job openings.

"We can't train our way out of this one," said LaLonde, who notes that recent college graduates — the newest crop of educated people — are struggling to find full-time work.

http://tinyurl.com/436maar

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