Techno-News Blog

June 28, 2013

Unemployment Prompts Online Training Challenging Colleges: Jobs

Filed under: Uncategorized — admin @ 12:25 am

By Ari Levy, Bloomberg News

While online courses have been around since the early days of the Internet, job training has remained the purview of community colleges and vocational schools, requiring students to spend thousands of dollars to learn word processing, financial spreadsheets and web development. With unemployment hovering at 7.6 percent, companies like TrainSignal and Lynda.com Inc. are pitching what they call a more efficient and affordable route for people who need retraining on their own schedule. They’re part of a revival in web education startups. Venture capitalists poured $632.3 million into the market in 2012, up 41 percent from the previous year, and the most since the dot-com bubble’s peak in 2000, according to the National Venture Capital Association.

http://www.businessweek.com/news/2013-06-18/unemployment-prompts-online-training-challenging-colleges-jobs

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