Discusses the increasing shortage of qualified entry-level workers. Describes solutions that are being attempted by various companies, including increasing the training budget, raising wages, and providing better benefits. (CH)

The U.S. economy is undergoing a transition that may rival the changes produced by the Industrial Revolution. The general directions are clear: an ever smaller share of the nation's work force is employed in the manufacturing sector; service sector industries are the source of most new jobs; and some "high tech" industries have had explosive…

Job training is a powerful tool for growth, but only if embedded in a climate of pro-growth policies that it complements. To attract capital to create growth and jobs, a country has to offer favorable supply side conditions. A skilled labor force is one of several important supply side categories, whose growth effects are strongest when the other…