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February 2, 2021

Covid highlights how the US fails to re-skill its unemployed

By Paul Dennis

2 February

David Deming, an economist and professor of public policy at the Harvard Kennedy School, retweeted an article on leaders warning that the US is almost uniquely ill-equipped to help people who have lost their jobs during the pandemic to gather new skills and prepare for new careers.

Workforce experts believe that there is no central place for the unemployed people to turn to for re-training for new jobs, and this could have lasting effects.

In addition, overlapping and confusing job training programmes scattered across the country with less coordinated efforts on what training might be necessary to obtain by employers, have left many wary about their investment in training actually paying off or not.

Nearly 11 million people are jobless in the US since the Covid pandemic struck in the spring last year.

The country is historically known to do a poor job at helping people who have been displaced due to offshoring, recessions, automation, and other economic dislocation.

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As data suggests, the country invests less in its workforce development, just about 0.11% of its GDP, than many other developed nations.

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