The Bureau of Labor Statistics reported this month that 7.8 million Americans are unemployed, while at the same time 5.8 million jobs remain unfilled in America, according to a press release from the Career Education Colleges and Universities. CECU says the crisis exists because employers demand “job ready” employees, but prospective employees can’t bridge the skills gap without appropriate education and training.
This assessment mirrors earlier ones and it appears accurate to some degree. The claim by some is that this is a classic paradox visiting many sectors, and is driven mainly by what people call a “structural change” in job skill requirements.
