These 10 papers were commissioned for a conference to discuss such questions as: If the military has to restructure its work force, how easily will it manage this transition? How well will the affected employees do in the labor market? and How will the defense industry and educational institutions respond to the need for transition? After an…

The question of why some employers opt to lay off current workers and hire new workers with different skills while other employers retrain and retain their workers was examined. First, the literature on employer-provided training and the role of social capital in the workplace was reviewed. Next, data from a 1994 national employers survey of firms…