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TD Magazine Article

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Thu Apr 01 2004

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In this article, the author talks about worker training in the global economy. The Trade Adjustment Assistance program provides assistance to workers displaced by North American Free Trade Agreement-related factory closings. The author says a similar program could easily be crafted to respond to offshore outsourcing. Requiring companies that outsource to contribute a portion of savings to training would internalize the costs and provide the funds. Job training would not only alleviate periods of protracted unemployment, by making workers more agile, but also make the U.S. economy more efficient and productive.

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