Show JOBS LABOR SECRETARY W. Willard Wirtz was squarely on target in his warning recently that young people who enter the labor force without at least a good high school education are committing THE WARNING IS TIMELY and supremely important for the economic well-being of today's BUT IN THE SAME Wirtz used another warning that should have been voiced but It is that the economic well-being of the entire nation depends on greatly improving the climate for profitable HERE'S ACCORDING TO THE BUREAU of Labor statistics' new Outlook which Wirtz a great wave of new workers is just beginning to hit the labor It will From 73 million in the work force will grow to 93 million in a gain of 27 per YOUNG PEOPLE UNDER 25 years old will account for almost half of the net Tins EXPLAINS PART OF the reason education is going to be so the competition for jobs will be The other part of the reason is that employment in such fields as general labor and agriculture will decline or grow very little while white and technical jobs will grow by 45 or The man without an education to fill such a job is going to be in deep BUT THE OTHER SIDE of the coin is Providing these highly skilled jobs in an increasingly automated society will require far more capital investment than America now throughout U S. between and investment lies behind every In some oil for the average investment per job goes as high as THIS MONEY IS AVAILABLE only if men and business firms can make a after high enough to justify taking a risk one of the great challenges facing us in the next decade is to maintain an investment climate favorable to attract new EDUCATED CAPITAL investment provided with faith in a these are the twin foundation stones in America's great economic Take away either and the entire structure can |