Retraining isn’t a clear answer to lost jobs

Steve LeVine:

Amy Goldstein’s Janesville is this year’s Hillbilly Elegy — the go-to volume for understanding what is really going on in the hearts of the U.S. midsection. The book chronicles six years in a Wisconsin town where the demise of its central actor — a General Motors plant — pushes many of its long-middle class residents into poverty.

Quick take: In a survey that Goldstein commissioned, she found that, contrary to the popular consensus, reskilling is not necessarily the answer for reemploying people thrown out of work.