Drake Bennett evaluates efforts to train and retrain workers for "in-demand" jobs. The structural challenge:
Even with 14 million Americans looking for work—and at least 2.6 million wanting work but not actively searching—jobs are going unfilled. The Bureau of Labor Statistics puts the total number of openings at 3.2 million, and despite the flood of applicants, companies sometimes struggle to find candidates that fit … Estimates of the size of the mismatch vary widely, but a May International Monetary Fund paper put it at a quarter of the 9.1 percent unemployment rate. Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, has suggested it accounts for a full third of the unemployment rate.