The Future of Work: The Retraining Paradox

When Nathan Kecy graduated from Plymouth State University in New Hampshire a decade ago with a bachelor's degree in communications, he found himself with about $10,000 in debt and few clear career options. He first found work as a door-to-door salesman ("a pyramid scheme," he recalls) and then in telemarketing. Finally he landed a job as an infrastructure specialist for Datamatic, a Texas-based water-meter-technology company. He was traveling across the country installing meters, making a decent salary. But he lost his job after the company restructured in 2012, he said, and soon he found that his skills weren't easily transferable to a new field; Datamatic's technology was proprietary, and his expertise in the company's installation program wasn't appealing to employers outside that particular industry.