Companies' training cuts add to jobless woes

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"Companies have dramatically cut training programs for new employees, experts say, worsening a skills gap that's keeping them from finding qualified job candidates and pushing up unemployment.

Employers "want people to hit the ground running," says Wharton School management professor Peter Cappelli, author of Why Good People Can't Get Jobs. "They don't want to train anybody.""

Another example of private business pawning off job training to public monies while clamoring for lower taxes. Oh look-an overpriced private industry has stepped in to fill the needs-for profit schools. Oh look who get 85% of their money from the govt. Too bad the Tea Party will never see this on Fox News.

Jun. 29, 2012 10:24 am

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