With millions looking for work, stigmas create a
dearth of skilled tradespeople
My Take:
https://thehill.com/opinion/finance/540133-the-economic-trends-that-will-create-post-pandemic-policy-challenges
Long-term labor market challenges cannot be addressed by temporarily overheating the economy. We need to rethink our basic approach to worker training and provide direct support to those willing to undertake skill retraining/upgrading (there is currently a large-scale shortage of skilled tradespeople in the U.S. that is not being addressed). Policies aimed at encouraging every high school graduate to attend four-year colleges, regardless of their personal preferences/interests or academic preparedness, will prove to be counterproductive and lead to both grade and degree inflation. Creating German-style apprenticeship programs may offer a valuable alternative track for high school graduates.
https://thehill.com/opinion/finance/540133-the-economic-trends-that-will-create-post-pandemic-policy-challenges
Long-term labor market challenges cannot be addressed by temporarily overheating the economy. We need to rethink our basic approach to worker training and provide direct support to those willing to undertake skill retraining/upgrading (there is currently a large-scale shortage of skilled tradespeople in the U.S. that is not being addressed). Policies aimed at encouraging every high school graduate to attend four-year colleges, regardless of their personal preferences/interests or academic preparedness, will prove to be counterproductive and lead to both grade and degree inflation. Creating German-style apprenticeship programs may offer a valuable alternative track for high school graduates.