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Caterpillar CEO: Manufacturing hurt by shortage of quality applicants

from The Chicago Tribune

Six of every 10 applicants for basic manufacturing jobs don't qualify because they lack a basic education or don't pass a drug test, Caterpillar Chief Executive Doug Oberhelman said recently in Chicago. "We are customers to that education system that we see failing in this country and other competitors around the world are exceeding in their education system," said Oberhelman, whose company last year had revenue of $60 billion. The job-creation round table was sponsored by the National Conference of State Legislatures. more

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