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Oct 22, 2012

Cracking the Unemployment Puzzle: Why Sector Initiatives Matter

David Thigpen, The Huffington Post.

In recent years American workers have reluctantly gained a forced familiarity with the discouraging new vocabulary of these hazardous economic times. "Skills mismatch," "hiring freeze," "outsourcing," "underemployment" and other such words and phrases have become watchwords for a workforce that in less than a generation has tumbled from productivity and job security to declining wages and widespread job insecurity. In the last five years these workers have taken it on the chin like no other generation before them, with layoffs at their peak pushing some 14 million people into unemployment lines, many of them without the education or credentials to make an easy return.

Read the essay.