Fwd: [New post] Malinvestment in Human Capital

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New post on ThinkMarkets

Malinvestment in Human Capital

by Mario Rizzo

by Jerry O'Driscoll

The Weekend Wall Street Journal has a front-page article on labor mismatch: "Help Wanted: In Unexpected Twist, Some Skilled Jobs Go Begging." It focuses on the problems that the Union Pacific Railroad is experiencing trying to hire skilled workers to keep the trains rolling. These include electricians who work on diesel engines.

It is a widespread problem: the article reports survey results showing that 83 percent of manufacturers reported a moderate or severe shortage of skilled production workers. Read more of this post

Mario Rizzo | November 26, 2011 at 5:53 pm | Categories: Economic Stimulus, Job creation, unemployment | URL: http://wp.me/pmseG-1iY

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