Why we need a knowledge tax credit

Today's Real Time Economics blog has a piece on how Gap Between Desired and Available Jobs Skills May Grow. The story covers a recent survey by the Springboard Project of the Business Roundtable. According to the story:

The skills gap is already a problem: 62% of the employers surveyed said it's difficult to find qualified applicants to fill open positions. And more than half said there's a serious mismatch between their employees' skills and the needs of their companies, sometimes to the extent that it affected the company's productivity.
It's not that workers don't have an appetite for improving their skills. Looking at more than 1,000 workers, eight in 10 workers indicated they'd be interested in participating in a training program. Nearly six in 10 already had gone through skills training and said they'd do it again. Those who had participated in training had a fairly positive view of the experience and tended to be more confident in their ability to find a new job if they needed to.

And here is another reason for a knowledge tax credit. According to the Springboard press release, "Employers offering training are nearly twice as likely to increase their workforce."