The Growing Wage Gap: Is Training the Answer? - FEDERAL RESERVE BANK of NEW YORK

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Economic Policy Review

The Growing Wage Gap: Is Training the Answer?

January 1995 Volume 1, Number 1

JEL classification: J31, I28, J24

Author: Lisa M. Lynch

Training programs targeted toward lower skilled workers to a much greater extent than is currently the case could play an important role in narrowing the wage gap. Specific strategies would include assisting firms to develop their own programs, improving the school-to-work transition for non-college-bound high school graduates, and providing displaced workers with the skills needed to take new jobs in growing sectors of the economy.

PDF full article PDF

5 pages / 38 kb

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