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Why do employers decide not to provide formal job skills training?

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Why do employers decide not to provide formal job skills training?

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Nearly two-thirds of establishments that did not provide formal job skills training in 1993 reported that ‘on-the-job’ training satisfied their training needs. Less than 10 percent reported that the cost of formal training was too high or that they were unwilling to provide formal training due to a fear of losing trained employees to other employers.

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