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Jacobson, Louis S.; LaLonde, Robert J.; Sullivan, Daniel G. – Hamilton Project, 2011
High-tenured displaced workers often experience significant earnings losses that persist for the rest of their working lives. A well-targeted training initiative has the potential to substantially reduce permanent earnings losses for those displaced workers who have the academic preparation, work experience, and interest to complete high-return…
Descriptors: Retraining, Dislocated Workers, Income, Education Work Relationship
LaLonde, Robert; Sullivan, Daniel – Hamilton Project, 2010
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…
Descriptors: Retraining, Vocational Education, Community Colleges, Grants