The point is that influential people move in circles in which repeating the skills-gap story — or, better yet, writing about skill gaps in media outlets like Politico — is a badge of seriousness, an assertion of tribal identity. And the zombie shambles on.
Unfortunately, the skills myth — like the myth of a looming debt crisis — is having dire effects on real-world policy. Instead of focusing on the way disastrously wrongheaded fiscal policy and inadequate action by the Federal Reserve have crippled the economy and demanding action, important people piously wring their hands about the failings of American workers.
Moreover, by blaming workers for their own plight, the skills myth shifts attention away from the spectacle of soaring profits and bonuses even as employment and wages stagnate. Of course, that may be another reason corporate executives like the myth so much.
So we need to kill this zombie, if we can, and stop making excuses for an economy that punishes workers.
- US Jobs Gap in March 2014 – 7.4 million jobs says the Hamilton Project
- The Grand Disconnect – Employers, education providers, and youth
- US Skills Gap / The Labor Market Polarization
- US / Half of college grads are overqualified for their current job
- US Grads / Being overqualified, they express regrets finds McKinsey
- US / 41% of college grads overqualified for what they do
- US / Almost half of employed college graduates are in jobs requiring less than college education
- The Skills Gap in US – Mismatch across industries and occupations explains at most one-third of the total observed increase in the unemployment rate
- US Skills Gap / 39 percent employers are having difficulty finding staff with the right skills finds ManpowerGroup
- US Skills Gap / Builders can’t find enough qualified workers
- US Skills Gap / What if these assumptions are all wrong?
- Skills Gap in US / A barrier to growth for 25 percent of the private companies
- US / We are creating a permanent class of jobless Americans writes Krugman
- Wisconsin / The Skills Gap Myth: only a few occupations may see a skills shortage in coming years find
- The Skills Gap – North America is the only place in the world that thinks of companies as consumers of skills
- US Skills Gap / Who’s to blame for it ?
- Job Searchers vs Recruiters / A widening gap finds DeVry University’s study
- Brain Waste among US immigrants / Above 75 percent for those with a master’s degree