This blog compiles the thoughts of UCLA undergraduates on the connections between economic history and current events. All contributors to this blog are enrolled in Ec183, The Development of Economic Institutions in the United States. The premise of this course is the history matters. The careful application of economic theory and quantitative reasoning can help us understand the past.
Tuesday, September 13, 2011
Job Training and Economic Recoveries?
Has job training ever been useful in economic recoveries? This WSJ opinion article seems to say no. Is there evidence to counter this? "What Job Training Teaches, Bad Work Habits."
In the economic history, the job training programs have not been useful as expected. Congress throw out this kind of programs each decade and enact new ones. Survey and data prove that there is no meaningful statistics on the effectiveness of these programs. Job training can improve men’s skills but cannot increase opportunity of being employed in the current economy. However, job training can help today’s workers in the increasingly diverse and the high-tech job market. In some cases, it can move someone from being reliant on government aid to becoming self-sufficient which will help economic recoveries somehow.
In the economic history, the job training programs have not been useful as expected. Congress throw out this kind of programs each decade and enact new ones. Survey and data prove that there is no meaningful statistics on the effectiveness of these programs. Job training can improve men’s skills but cannot increase opportunity of being employed in the current economy.
ReplyDeleteHowever, job training can help today’s workers in the increasingly diverse and the high-tech job market. In some cases, it can move someone from being reliant on government aid to becoming self-sufficient which will help economic recoveries somehow.