Tuesday, January 25, 2011

Unemployment: A Jobs Deficit or a Skills Deficit?

Unemployment: A Jobs Deficit or a Skills Deficit? | Dollars and Sense


Politicians and economists are trying to reframe a severe jobs crunch as a problem of workers’ inadequate skills.

By John Miller and Jeannette Wicks-Lim


"...The only problem is that this [skills mismatch] explanation is basically wrong. The weight of the evidence shows that it is not a mismatch of skills but a lack of demand that lies at the heart of today’s severe unemployment problem."


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