Robert LaLonde of the University of Chicago and Daniel Sullivan of the Federal Reserve Bank of Chicago suggest that retraining through our nation's community colleges is a way to reduce the skills gaps of at least some of these displaced workers and increase their reemployment earnings. Although workers may still experience significant earnings…

In 2007, Michigan undertook a bold mission: to retrain tens of thousands of adults to qualify for jobs in emerging and expanding sectors of the economy. The state's proposal to jobless, dislocated, and low-income residents was simple but appealing: enroll in up to two years of postsecondary education, and Michigan would cover up to $5,000 in…