Skills Sharp on Both Sides of the Atlantic!

Mark Thoma has a good post on the lack of evidence of a shortage of skills in the US labor market as a cause of high unemployment and low output. It meshes with what I was saying about Europe a few posts ago, about how producutive Europeans are being kept from work for nominal reasons (more elaboration later). Anyway, its true, on both sides of the pond. Check it out.

http://economistsview.typepad.com/economistsview/2012/06/what-skills-gap.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconomistsView+%28Economist%27s+View%29