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Skills Gap in US – We are not doing an adequate job of preparing our workforce says Philadelphia Fed President

U.S. employers are having trouble finding workers with the needed skills in science, technology, engineering and math, a top Federal Reserve official said on Monday. Capture d’écran 2014-05-12 à 13.15.22

“We are seeing a mismatch of skills in the workforce and the jobs that are being created,” Philadelphia Fed President Charles Plosser said of the so-called STEM-trained workers who are in high demand.

“Sadly, we are not doing an adequate job of preparing our workforce for these jobs,” he said in remarks prepared for delivery to a conference on reinventing older communities, hosted by his branch of the U.S. central bank.

Chosen excerpts by Job Market Monitor. Read the whole story at Skills-jobs mismatch harming U.S. labor market -Fed’s Plosser | Reuters.

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