Paul Krugman in Monday’s New York Times debunked “a prime example of a ‘Zombie Idea’ – an idea that should have been killed by evidence, but refuses to die – the belief that America suffers from a “skills gap” and that inadequate worker skills explains high long-term unemployment. Careful studies – like those recently conducted by M.I.T. and the Boston Consulting Group find that “worries of a skills gap crisis are over-blown.” The long-term unemployed are indistinguishable in skills from laid-off workers who quickly find jobs. Klugman believes that the myth of the skills gap is giving the government an excuse to not create tax, and other, incentives to hire the long-term unemployed. While SelectLeaders has rejoiced with the recovery thus far in the real estate industry, we know that many in our industry have not recovered and how difficult it is to keep going. More and more jobs are being posted, so please apply again today, “Never give up, for that is just the place and time that the tide will turn.”
April 2, 2014