Comment by owlstuffing
11 days ago
Outside of government, this shift also coincides with the decline of pensions and the rise of the 401k.
Career growth has always been a shared responsibility between employees and employers. In white-collar fields--especially medicine and engineering--education has long been frontloaded, with formal schooling as the main on-ramp.
Blue-collar jobs, by contrast, have relied more on trade schools, mentorship, and hands-on training. These pathways have steadily eroded since the 1980s.
Much of this traces back to the Open Door Policy with China and the broader Free Trade Agreements that followed. These moved massive segments of industry offshore--along with the structures that once incentivized long-term employee development through education and skill-building.
Revitalizing domestic industry could reintroduce competition among employers, which in turn could restore the pre-1990s incentives for long-term investment in the workforce.
I would point to the emergence of Milton Friedman’s school of thought that the only thing a company should care for is delivering “shareholder value.”
It's the same problem in the trades. Apprentices tend to cost the company more than their output so no one wants to hire and train them.