The Skills Gap: Holding Back The Labor Market
Increasingly, jobless workers are facing the ultimate barrier: Some companies are saying if you're out of work, we don't want to hire you. An advocacy group for low-income and unemployed workers says that policy may be illegal.
November 16, 2010 Experts say the current educational system and private-sector training efforts aren't preparing workers for job opportunities. So, a metal-parts factory near Boston has done something unusual to ensure its workers have the necessary training: It started its own school.
November 16, 2010 Employers have millions of jobs they're trying to fill, but it's not so easy in some cases. That's because the skills job applicants have don't always match what companies are looking for. Employers now want to hire people who can hit the ground running.
November 15, 2010 The inability to sell, rent or refinance a home could become one of the biggest obstacles to matching talent with the right job. Experts say more people could face the dilemma of choosing between a job and a house — especially if the job market improves faster than the housing market.
November 15, 2010 Over 40 percent of those unemployed — more than 6 million Americans — have been out of work for six months or more. These levels have not been seen since the Great Depression. Economists say the long-term unemployed are vulnerable to losing critical job skills.