Michael Oreskes, Vice-President and Senior Managing Editor at the Associated Press (AP) moderates the session 'Creating Economic Dynamism' at the 43rd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Friday, Jan. 25, 2013. (AP Photo/Anja Niedringhaus)
IMF Deputy Managing Director Min Zhu said governments aren't paying enough attention to training amid a widespread push for austerity. Eric Cantor, a Republican Congressman from Virginia, says training is needed to give workers the tools they need for the "new labor force."
They spoke Friday at an Associated Press debate at the World Economic Forum in Davos, Switzerland.
Italian Finance Minister Vittorio Grilli, also at the debate, warned that shrinking birth rates are making economic prospects even worse: "To get people employed you need young people to be born."
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