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Rethinking Retraining

December 4, 2018

The conventional wisdom on retraining older workers is they are too old or set in their ways to learn new things and update their skills. We don’t agree. We think this is a narrow view that overlooks the significant value these people can bring to the economy. As a recent report from the White House Council of Economic Advisers suggests, investment in skill development in the United States is largely “front-loaded” during the first 25 years of life, after which public contributions to formal education are substantially smaller. Yet we live in a time when both demographics and the very nature of work are undergoing a dramatic shift. Click here for more information.