Commentary: The Issue Is Employment, Not EmployabilityKeith H. Hammonds
Amid our winter of worker discontent, a new buzzword found its way into the corporate lexicon: employability. As the media fixated on layoffs, gold-plated CEOs, among them Joseph T. Gorman of TRW and Randall L. Tobias of Eli Lilly & Co., dropped employability into their speeches. The Business Roundtable and the National Association of Manufacturers quickly embraced the notion, as did the Clinton Administration. "It's good business," said Vice-President Al Gore.
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