Training budgets are down, reports the American Society for Training and Development.
Registrations for continuing education and lifelong learning in colleges, schools, recreation departments have been flat-to-down for ten years.
Here's the solution: Business has to invest, including an investment in professional development and training. Business is sitting on $1.7 trillion in cash. Some banks are even still sitting on the money from the taxpayer bailout of two years ago.
If business invests, everyone wins. If business does not invest, 90% of us lose.
Photo: Susan Sarandon, photo by LERN's Julie Coates.
Off topic, but from either the recession or from changing generations, the auto scrapping rate remains higher, and average vehicle age is increasing to practically 10 years.
http://www.bodyshopbiz.com/issues/story.aspx?aid=1000404235
http://www.thedetroitbureau.com/2011/03/off-to-the-junkyard-vehicle-scrappage-rates-soar/
http://www.google.com/search?sourceid=chrome&ie=UTF-8&q=american+automobile+scrappage+rate
Posted by: D. P. Lubic | March 25, 2011 at 06:18 AM