but I think that lack of relevant education is the largest contributing factor to unemployment. for example, american manufacturing is actually doing great right now, the problem is that it's become more efficient and can do without labor workers so while the businesses flourish there are less people to employ.
In regards to relevant education, I think Amazon's career choice program is a good example of targeting the right industries.
From Jeff Bezos letter:
"We’re offering to pre-pay 95% of the cost of courses such as aircraft mechanics, computer-aided design, machine tool technologies, medical lab technologies, nursing, and many other fields.
The program is unusual. Unlike traditional tuition reimbursement programs, we exclusively fund education only in areas that are well-paying and in high demand according to sources like the U.S. Bureau of Labor Statistics, and we fund those areas regardless of whether those skills are relevant to a career at Amazon."
> I think that lack of relevant education is the largest contributing factor to unemployment.
I hear this often, but I am always left wondering what jobs will rise out of the woodwork if the condition became true?
It is easy to say lack of education is the problem because it is the common filter used when hiring, so it is highly visible, but one only needs to look to the software industry to see perfectly capable programmers struggling to find work in what is supposed to be a hot market with companies crying for help.
I believe it is far more complex, and may not relate to education at all.
source: http://www.npr.org/blogs/money/2012/01/10/144978487/the-tues...