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Where the Jobs Are – Where the Jobs Aren’t – Education is the key

One of the less attractive features of this job recovery is that it will be cruelly uneven. It will favor, more than ever, the college educated over blue collar workers. It will favor cities that have developed industry clusters in which skills match demand. It will favor the Dakotas over states such as Florida, Nevada and California. It will favor those who work in the private sector over those who work in the public sector.

Smith & Wesson has been producing hardware in Springfield, Mass., since 1852, and it plans to stay. The company is set to expand its historic manufacturing site, thanks to up to $6 million in tax credits from Massachusetts. And because business is getting better, director of marketing services Paul Pluff says, the company will be hiring 225 people over the next two years, in positions from factory worker to senior manager, at salaries from $35,000 to north of $150,000 annually. "These are good jobs at good wages, with full benefits," says Pluff.

Smith & Wesson shouldn’t have much of a problem filling those vacancies with the right folks. It has been sending its used equipment to local vocational schools and community colleges to help develop the skilled workforce required to run the numerically controlled machining used to precision-cut metal. "The talent and the knowledge is here: we have been very adept at hiring and training," says Pluff.

By Bill Saporito

Full Story: http://www.time.com/time/business/article/0,8599,2040964,00.html

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Where the Jobs Aren’t

The inability to confront the structural-unemployment question is a greater threat to future prosperity than high unemployment itself.

By Zachary Karabell

Full Story: http://www.time.com/time/business/article/0,8599,2040966,00.html

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Obama promotes jobs by way of education

By ERICA WERNER, Associated Press

Full Story: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/02/18/state/n110018S26.DTL&type=business

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