When Plant X closed, Employer Y (which offers no training to its workers) hired many of X’s employees after they had completed a lengthy, full-time retraining program offered by a local agency. The city’s Equal Opportunity Commission noticed that the workers Employer Y hired from X were all young, and it launched an age-discrimination investigation. During this investigation Employer Y claimed that it hired all of the applicants from X who had successfully completed the retraining program, without regard to age. From what you know of human capital theory, does Y’s claim sound credible? Explain.

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Ys claim is reliable with human investment theory in two salutations First its own appointment and t... View the full answer