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Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending

How Subsidized Job Training Fails Workers and Taxpayers

Episode 81 of The Fiscal Policy Podcast examines why government-funded job training programs often fail to deliver results. Lucas and Luna drill into a specific case: the $4 billion federal Workforce Innovation and Opportunity Act (WIOA) program, which claims a 70% job placement rate but actually places fewer than 40% in jobs that last a year. They explore how metrics like 'entered employment' inflate success, how training is often misaligned with local labor demand, and how a simpler alternative — wage subsidies paid directly to employers — could yield better outcomes for both…

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