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.”
Almost 10% of all new jobs created between 2020 and 2030 will unfortunately be some of the lowest paid.
Solving the supply chain crisis before the global economy tanks is going to require many creative approaches. Flexport’s Ryan Petersen has one that just might work.
The credibility problem facing the biomedical and public health establishment is, at least in part, a product of its own making.
William Shatner is going to space because Jeff Bezos loves Star Trek.