Why are American companies so bad at re-skilling? (Quartz)

published on Quartz

Amazon grabbed headlines this summer with its commitment to retrain more than 100,000 workers. But the rest of America still stinks at reskilling its workforce.

Seemingly endemic skills gaps now touch nearly every facet of our labor market, as the specter of mass technological unemployment looms large. And yet the Organization for Economic Cooperation and Development ranks the US second-to-last among 29 developed nations in investing in taxpayer-funded training.

The challenge is not simply a lack of funding. Nor is it an education infrastructure that has failed to keep pace with tech’s transformation of the economy, as corporate leaders are prone to suggest. Companies are complicit in the reskilling crisis in America.

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