Testimony Economic Costs of Inadequate Investments in Workforce Development
Submitted to Subcommittee on Labor, Health and Human Services, Education and Related Agencies, Committee on Appropriations, U.S. House of Representatives
Harry Holzer
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In testimony on the ramifications of inadequate investments in workforce development, Senior Fellow Harry Holzer told a House Appropriations subcommittee that the very low earnings and employment of millions of Americans generate high poverty rates and impose huge costs on the U.S. economy. The research evidence, while somewhat mixed, shows that many public investments in workforce development are cost-effective at raising the earnings of low-income workers.
Research Areas Education Social safety net Workforce
Tags Workforce development Poverty Welfare and safety net programs
Policy Centers Center on Labor, Human Services, and Population