Policies to Reduce High-Tenured Displaced Workers' Earnings Losses Through Retraining

2 CHAPTER 1: INTRODUCTION 5 CHAPTER 2: DISPLACED WORKERS AND THE PROBLEM OF PERSISTENT EARNINGS LOSSES 8 CHAPTER 3: CAN TRAINING PROGRAMS HELP WORKERS OVERCOME EARNINGS LOSSES? A SURVEY OF THE EVIDENCE 10 CHAPTER 4: THE FAILURE OF CURRENT POLICY TO SUPPORT HIGH-RETURN, LONG-TERM RETRAINING FOR DISPLACED WORKERS 14 CHAPTER 5: RECOMMENDATIONS 17 CHAPTER 6: ESTIMATED DISPLACED WORKER TRAINING EXPENDITURES 27 CHAPTER 7: CONCLUSION 28 CHAPTER 8: QUESTIONS AND CONCERNS 29