There are not enough jobs in the economy, so ramping up training programs (as if there were) isn’t going to solve the problem.
I do not believe this is correct.
America has record-high 6.2 million job openings
The U.S. boasted 6.2 million job openings in June, a record level, according to a Labor Department report published on…
What we are experiencing is a secular shift in skills needed vs the training being provided in the educational (secondary through university) system. IIRC, Mark Zandi has written at some length about this. At any rate, the openings fall into certain categories:
- Trades. This of course is Mike Rowe’s issue, point being that we are forcing kinetically oriented children into college prep education (with the result often being students acting out in high school as they are pressured to perform academically when they’d rather be fixing a diesel engine) while we have a dearth of tradesmen who are now getting paid, in many cases, the same or more than college grads in many fields.
- Education/Healthcare. Obviously, the greying of America opens up loads of jobs in the allied health fields, many of which require a community college education and passing a state certification exam. And there will always, it seems, be a shortage of teachers.
- Interestingly, there were half a million unfilled jobs in the manufacturing/construction sectors.
- And, yes, computer engineering/science remains a hot area.
Notably, groups (1), half of (2), and (3) do not require 4-year degrees.
In each of these cases, the labor market is signaling to universities, colleges, and students as to the training they need. However, the universities and and colleges cannot always respond quickly to these signals (what do we do with tenured professor age 50 who teaches X, when we don’t need X anymore) and/or the fact that more classroom seats and teachers for allied health do not just appear overnight.
SO, the employers, who have a PROXIMATE need, go overseas for computer programmers from India and nurses from the Phllipines. This solves their short term labor problem, but reduces the pressure on the universities and colleges to adjust their currriculums, actually compounding the skills gap problem long term.
So, long story short, I will have to disagree with your contention that training programs would have no effect.
Federal scholarships, which you suggest, for distressed employment sectors, isn’t objectionable, though these things tend to be out of synch. For me, the economy needs to be diversified along the small is beautiful lines, re-engineering farming away from monoculture, for example. When environmental concerns become paramount, the workplace is often restructured to be more labor intensive.
As to taxing e-commerce, Amazon, which once seemed like such a cute and cuddly adventure, has evolved into a real American nightmare. Trump made some noises about putting the boot on this notorious scofflaw, but Bezos probably has enough money, power, and dirt on everyone at this point that his power rivals that of J. Edgar Hoover.
I am ….. significantly disturbed by Amazon, to the point that we’ve gone Amazon free here at home, and are pushing business to WalMart.com. Amazon makes WalMart look like they deserve a citizenship award.