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The Promise of Public Sector-Sponsored Training Programs

The Promise of Public Sector-Sponsored Training Programs Abstract As concern about workers’ skills has risen, so has interest in the role that government training programs might play in addressing ‘America's workforce crisis.’ One way to gauge whether increased reliance on these programs will substantially improve the skills of the workforce is to examine the impact of past programs. The evidence from these programs indicates that, although the gains were small, for the most part we got what we paid for. This outcome should not be surprising because investments in training were exceedingly modest compared to the skill deficiencies that policymakers have been trying to address. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Perspectives American Economic Association

The Promise of Public Sector-Sponsored Training Programs

LaLonde, Robert J
Journal of Economic Perspectives , Volume 9 (2) – May 1, 1995
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Publisher
American Economic Association
Copyright
Copyright © 1995 by the American Economic Association
Subject
Articles
ISSN
0895-3309
DOI
10.1257/jep.9.2.149
Publisher site
See Article on Publisher Site

Abstract

Abstract As concern about workers’ skills has risen, so has interest in the role that government training programs might play in addressing ‘America's workforce crisis.’ One way to gauge whether increased reliance on these programs will substantially improve the skills of the workforce is to examine the impact of past programs. The evidence from these programs indicates that, although the gains were small, for the most part we got what we paid for. This outcome should not be surprising because investments in training were exceedingly modest compared to the skill deficiencies that policymakers have been trying to address.

Journal

Journal of Economic Perspectives – American Economic Association

Published: May 1, 1995

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