The Pro-Stimulus Manifesto...
Uncertainty...

Wall Street Journal FAIL

Why oh why can't we have a better press corps?

Outsourced to Kevin Drum::

Plenty of Jobs, Not Enough Workers?: The Wall Street Journal reports that even with unemployment at 9.5%, employers are having trouble finding workers.... "Mechanical Devices can't find the workers it needs to handle a sharp jump in business. Job fairs run by airline Emirates attract fewer applicants in the U.S. than in other countries. Truck-stop operator Pilot Flying J says job postings don't elicit many more applicants than they did when the unemployment rate was below 5%."...

The truck stop job, it turns out, pays minimum wage. The airline job requires you to move to Dubai. And the machine shop company pays only $13/hour but requires people with very specific skills. When they set up a ten-week training course of their own, they got plenty of applicants and 16 out of 24 graduated. But apparently we've gotten to the point where blue collar employers are barely willing to invest even ten weeks in training new workers for high-skill entry level positions.... [T]he examples they come up with are pretty lame. So what's up? Even if there's a shortage of high-skill workers, that's a long-term problem, not something caused by the recession. In fact, as the chart accompanying the story shows, the number of high-skill job openings has declined since 2008...

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