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Dallas Fed CEO urges “Much More” training to close skills gap
Robert Kaplan, President and CEO of the Federal Reserve Bank of Dallas, keynoted a North American workforce conference in Dallas on September 30-31 hosted by the North American Strategy for Competitiveness (NASCO) and the Dallas County Community College District (DCCCD). Mr. Kaplan cited his July 2017 Assessment of Current Economic Conditions and Implications for U.S. Monetary Policy, that included a finding that “the skills gap in the U.S. is substantial.”
According to Kaplan, “CEOs report difficulty in hiring workers for middle-class-class-wage jobs,” including industrial technicians. In response, the Dallas Fed chief highlights “the need for the U.S. to do much more to beef up public-private partnerships that focus on skills training to help workers attain the capabilities needed to find employment in the 21st century economy.”
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