Why Job Retraining Doesn't Work
Job retraining seems like an ideal solution for the unemployed, but problems persist. Are Americans being trained for the right jobs, and what if nobody is hiring in the first place? "And what are workers being retrained to do?" asks The Big Money. "A complete answer is not easy to come by, but it seems like a significant portion of the money is aligned with Obama’s political goals, including 'green jobs' and health care industry jobs. Since those are high-growth employment sectors, such efforts ought to move a large chunk of unemployed people into jobs. But the Times makes clear that current job retraining is inadequate, and hints that it may never really work."