Abstract
The United States and other nations around the world are not producing enough workers with the skills needed for employment is today's high-tech global economy. Many STEM occupations are now vital to a broad range of industries and professions, thus placing different economic sectors in competition for people with in-demand skill sets. The media's continuing fixation on the Federal Reserve's monetary medicine for unemployment obscures the growing uncomfortable reality that monetary/fiscal policy alone cannot fix the structural failures of the ossified U.S. education-to-employment system. Washington leaders inside the beltway and people across America are just starting to understand this new reality as the skilled workforce crisis deepens.
Highlights
The United States and other nations around the world are not producing enough workers with the skills needed for employment is today’s high‐tech global economy
The media’s continuing fixation on the Federal Reserve’s monetary medicine for unemployment obscures the growing uncomfortable reality that monetary/fiscal policy alone cannot fix the structural failures of the ossified U.S education‐to‐employment system
The scope of the skills–jobs mismatch is well illustrated by what I learned recently when I spoke at conferences in Watertown and Brookings, South Dakota
Summary
This article may be cited as: Gordon EE. A regional focus for solving the skills-jobs mismatch. Available FREE in open access from: http://www.surgicalneurologyint.com/text.asp?2014/5/1/176/146815. The United States and other nations around the world are not producing enough workers with the skills needed for employment is today’s high‐tech global economy. Many STEM occupations are vital to a broad range of industries and professions, placing different economic sectors in competition for people with in‐demand skill sets. The media’s continuing fixation on the Federal Reserve’s monetary medicine for unemployment obscures the growing uncomfortable reality that monetary/fiscal policy alone cannot fix the structural failures of the ossified U.S education‐to‐employment system. Washington leaders inside the beltway and people across America are just starting to understand this new reality as the skilled workforce crisis deepens
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