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Training is an investment, not a cost

from By Catherine Iste

The race to attract skilled labor is on. Productivity may be slowing but it is still moving in a positive direction, and new unemployment applications are still declining. And according to a recent analysis by The Economist, American manufacturing, particularly among "agile smaller firms using advanced techniques" may be expanding. While this tight labor market may look different than the one before the recession, one thing is consistent: the most challenging staffing shortage is in skilled labor. Because of this, organizations across industries must recognize that training is an investment, not a cost. more


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