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A Jobless Dilemma: What's Wrong With Fort Wayne?
Keywords:
Unemployment in Fort Wayne, Indiana, is 6.8%, and 14,600 workers are looking for a job. Peters and Wessel talk to employers in this midwestern U.S. city and find that employers are looking for people in manufacturing with just the right set of skills, in other cases the benefits and parttime local school system jobs paying $8-$12 per hour with no benefits go unfilled because of the lower wage.
Rapid structural shifts in U.S. job openings and a mismatch that will require greater job retraining effort.
04/30/2009
JOLTS and COnference Board job openings figures shows 3 million job openings in February 2009, with mismatch in qualifications of candidates from industries losing jobs (finance, retail, construction) and industries gaining jobs (health care, education, government, accounting). Is the US market becoming less mobile?
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Fast structural shift from banking, autos and retail to health care, energy, government and education in the USA, makes equally rapid government assisted retraining and cost sharing enormously critical.
01/28/2009
Retraining will be critical to shift workers from downsizing to upsizing industries and fields of work. The danger is that a growing mismatch in qualifications and lack of a crisis mode in retraining efforts will leave large numbers of people permanently unemployed. The shift is ocurring with lightining speed. Would government sharing the initail cost of hiring and retrainng workers help as in the German example and the Harz reforms. See link.
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The importance of vocational training for there to be "no U.S. cities left behind"
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U.S. Faces Uphill Battle in Retraining the Jobless
Wall Street Journal 07/31/2012
A Jobless Dilemma: What's Wrong With Fort Wayne?
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High U.S. unemployment and the haphazard effort for jobs retraining in the U.S. - 2009-2013
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The world economy: Wealth without workers, workers without wealth
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The Obama administration's push for college-for-all and problems with student debt and lack of vocational training
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High student debt is dragging down the U.S. economy | Wonkblog
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Danger of increasing numbers of permanently unemployed workers in the U.S.
04/30/2009
The serious problem of the large proportion of long term unemployed in the total number of unemployed persons in the U.S., with the figure higher than 40% in 2012. More than any downturn in the postwar period the present situation presents the danger of increasing numers of permanently unemployed workers. Retraining become a big issue as some industries like autos are permanently downsized, and others like healthcare and renewable energy which are growing will require retraining.
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Unemployment in the U.S. in 2010-2013 with fewer workers looking for work
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Linked Articles
The Case of the Missing Workers
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A Jobless Dilemma: What's Wrong With Fort Wayne?
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