Worker retraining needed to maintain growth, White House says

The U.S. must retrain older and lower-skilled people in order to maintain the current pace of job growth, White House economists argued Tuesday in a new paper that makes the case for apprenticeships and greater spending on retraining programs.

“There simply are not enough unemployed workers in the current pool of those looking for work to match the growth in demand for new workers unleashed by the Trump administration’s pro-growth policies,” President Trump’s Council of Economic Advisers wrote in a 29-page analysis. “Rather, employment gains must also come from working-age Americans returning to employment from the sidelines.”