[lbo-talk] Is Lack of Worker Skills Responsible for High Unemployment?

[michael perelman]

David Wessel had an interesting article about the effect of one area
of corporate cutbacks -- human relations.  HR departments adjust by
relying on electronic services to evaluate applications.  The process
is so rigid that virtually no applications are suitable.

One company drew 25,000 applicants for a standard engineering position
only to have the HR department say not one was qualified.

One interesting implication is that the corporate types who complain
about having trouble finding workers may not all be lying.  Some may
have been shooting themselves in the foot.  Maybe it is not so much a
lack of skills as corporate short-sightedness.
The article is here:

http://michaelperelman.wordpress.com/2012/06/05/is-lack-of-worker-skills-responsible-for-high-unemployment/

-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com