Getting America back to work: Can training programs do the job?

Video

POST-EVENT SUMMARY
In the shadow of a newly released jobs report showing continued anemic employment growth in the U.S. in August, economists gathered at an AEI event Friday morning to discuss one method of attacking rampant unemployment — job training. As Harry Holzer of Georgetown University described, training programs could potentially give unemployed workers better skills and could provide employers with more encouragement to hire those workers.

However, as Betsey Stevenson of the University of Michigan pointed out, the current system of job training is uncoordinated and fragmented at both the federal and state levels, making analysis of the system incredibly difficult. Jeffrey Smith of the University of Michigan then emphasized how few metrics exist to evaluate the performance of job training programs, and how poorly organized the existing data is. Panelists agreed that job training holds an important role in the labor market, but argued that it requires expanded metrics and more accurate analysis to pinpoint how it can best be organized and implemented in the U.S.

--Emma Bennett

EVENT DESCRIPTION
With unemployment and long-term joblessness at stubbornly high levels, many Americans look to job training as a way to reinvigorate the work force. The federal government currently supports over 40 different programs that provide job training and spends billions of dollars annually training and matching unemployed workers with jobs.

How effective are these training programs, and what are the best ways to organize them? What do we currently know about these programs’ performance, and how can we improve the way they are assessed and evaluated? This conference will feature three panels focused on publicly funded job training programs, their performance in the U.S. and possible reform ideas.

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About the Author

 

Kevin A.
Hassett
  • Before joining AEI, Mr. Hassett was a senior economist at the Board of Governors of the Federal Reserve System and an associate professor of economics and finance at the Graduate School of Business of Columbia University, as well as a policy consultant to the Treasury Department during the George H. W. Bush and Clinton administrations. He served as an economic adviser to the George W. Bush 2004 presidential campaign, chief economic adviser to Senator John McCain during the 2000 presidential primaries, senior economic adviser to the McCain 2008 presidential campaign, and economic adviser to the Mitt Romney 2012 presidential campaign.   Mr. Hassett is a columnist for National Review.

  • Phone: 202-862-7157
    Email: khassett@aei.org
  • Assistant Info

    Name: Emma Bennett
    Phone: 202-862-5862
    Email: emma.bennett@aei.org

 

Steven J.
Davis
  • Steven J. Davis studies unemployment, job displacement, business dynamics, the effect of taxes on work activity, and other topics in economics. He is deputy dean for the faculty and professor of international business and economics at the University of Chicago Booth School of Business, a research associate at the National Bureau of Economic Research, and an economic adviser to the U.S. Congressional Budget Office.  He previously taught at Brown University and MIT.  As a visiting scholar at AEI, Mr. Davis studies how policy-related sources of uncertainty affect national economic performance.

  • Phone: 773-702-7312
    Email: sdavis@aei.org

 

Michael R.
Strain

  • Michael R. Strain's academic research fits broadly within labor economics and applied microeconomics. Specifically, he has written on the causes of labor market earnings volatility, how earnings volatility varies across workers, the effects of single-sex classrooms on students' education outcomes, job loss and its effects on workers and firms, and the welfare effects of payday loans. Strain began his career in the research group of the Federal Reserve Bank of New York. Before joining AEI, he managed the New York Census Research Data Center, a U.S. Census Bureau research facility. As an economist with the Census Bureau's Center for Economic Studies, Strain was part of the research staff of the Longitudinal Employer-Household Dynamics Program.


     

  • Phone: 202-862-4884
    Email: michael.strain@aei.org
  • Assistant Info

    Name: Regan Kuchan
    Phone: 202-862-5903
    Email: regan.kuchan@aei.org

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