Bill Gates: Jobs are available, but education system is failing
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Since: Aug 09
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#1 Nov 14, 2012
Gates argued that the high unemployment rate — 7.9 percent, according to the most recent Bureau of Labor statistics — is the result of deficiencies in the educational system, rather than an absence of available jobs.
There are currently three million more jobs than there are people with the degrees to fill them, and Gates said the American system needs to start supplying workers or risk losing these opportunities to other countries.
“Many people want jobs, and there are a lot of open jobs,” Gates said.“It is up to the education system to equilibrate that.”
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