This paper discuses the Canadian training system, which is shaped by the human capital theory.
Written in 2008; 1,055 words; 6 sources; APA; $ 37.95
Paper Summary:
This paper explains that the human capital theory presents humans as a commodities that either attract or dissuade potential employers. The author points out that the success of the Canadian training system, whose goal is to prepare individuals for existing or future openings, depends on an accurate view of economic trends for various kinds of workers and skill sets. The paper states that the Canadian training system continues to refer to ideas of the 1970s or 1980s that becoming qualified in technical fields, presuming one's hard work and ability, will earn a secure job paying high wages and benefits; however, the Canadian training system is not geared to the problem of how to ensure labor flexibility and improved skills and education development of kinds suiting capital in the present labor market.
Table of Contents:
Introduction
Adjustments to be Made
Planning a Future
Concluding Remarks
From the Paper:
"Canadians are given a myth of needing to prepare for the new economy; whereas, the new economy seems to need semi-skilled or non-specialist workers and when special skills are needed employers can seek cheap skilled labor supplies abroad, in the well established pattern of international outsourcing. Most jobs that are being created in Canada are low-wage and low-security positions with low-skilled labor most in demand. Of course, this is interesting to reflect upon given an ambitious industry on the part of training colleges, public and private, to suggest that success lies in undertaking new training of some recognized kind."
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