This week in the Wall Street Journal, there was an article about how difficult it is for employers to find qualified candidates for certain skilled labor positions...jobs that don't require a college degree, but do require specialized training and/or experience.
This is the 2nd major news article I've read this year discussing the shortage of skilled labor.
How can we (society, employers, government...whoever) best address this situation?
From the article:
"In every recovery you hear about the mismatch of skills to available jobs, but this time around it seems particularly pernicious," said Dana Saporta, an economist with Credit Suisse, She estimates the skills mismatch and similar so-called structural issues add 1.5 percentage points to the unemployment rate.
and
A skilled-worker shortage can even darken the jobs picture for the less-skilled, because companies that can't expand production for lack of enough skilled workers may not need as many salespeople, forklift drivers or janitors. They may buy fewer parts, potentially affecting the size of their suppliers' work force.
http://online.wsj.com/article/SB10001424052970203707504577010080035955166.html