My friends and colleagues have been discussing how sons and daughters graduating from a top universities with good grades this past month, many (over half of their class), have no paying jobs waiting.
It's not just graduates affected. Maureen Conway, deputy director of the Workforce Strategies Initiative at theAspen Institute, writes in the Denver Post that "[a]s the White House and Congress consider a job creation agenda, they should bear in mind the chief lesson of the sector-based approach: The best money is spent training for a job that's waiting to be filled."
What will become of a workforce that is ready to work, but with limited job openings? Education and training, the backbone of a competent, well-equipped workforce, has limited value as we know, given the erosion of knowledge that occurs over time.
Question for today:
How best to maintain the knowledge and skills of those who have invested in their personal development until the market changes occur that will present new opportunities for these individuals to put these capabilities to work?
