Could Vocational Training Solve Unemployment?
The shortage of highly skilled workers became a global concern several years ago and continues to grow despite the emergence of an economic recession. A report compiled by Deloitte for the Manufacturing Industry shows 600,000 jobs in the U.S. need employees who are skilled in various jobs. The number is expected to increase over the next five years, the report states, as many current workers reach retirement age. Many of these careers offer generous pay and immediate employment upon completing vocational school. Shortages are also predicted in health care and other fields.
Why the Lack of Skilled Workers?
One reason for the lack of skilled workers centers on society and parents placing too much value on a four-year college degree, which came with the promise of landing a lucrative job. Many college graduates find scarce employment opportunities in their field of study and end up in debt from the costs of earning their degree.
This push towards college and away from vocational training contributed to the current shortage of trained, skilled workers in many areas, including healthcare, manufacturing, technology, and other vocational careers. During this same period, many [Read more…] about Highly Skilled Worker Shortage in a Recession?