Saturday, July 3, 2010

Recalculation in the Manufacturing Labor Market

A new NY times story about how manufacturing jobs are having difficulty hiring people because of a skills shortage.

Some random thoughts:
• This seems to me to be a failure of education.
• Eventually companies in the US will have to increase and fund their own education efforts (beyond just specific skills training), because it seems that our k-12 educational establishment has failed to teach a significant portion of our labor force.
• This all fits Arnold Kling's "recalculation" story.

For math: Type your TeX math expression, in ....
For example \sqrt{a^2+b^2}
Looks like $$\sqrt{a^2+b^2}$$