[RobRoy]

Who would you rather train, an older worker who will stay after you train him, or a young worker who gets the training and runs off to another company for more money, thanks to your training.

There just isn't the security in knowing your young recruits are going to stay like there was a few decades ago.

[dfwgator]

A valid point, hence the emergence of outsourcing companies which take on the burden of training, or simply serves as a clearing house for getting temp workers with a particular experience. You only need employees with certain skills for a certain period of time, why keep them there is no longer a need for those skills? When a company needs another skill set, they can simply get those workers on an as-needed basis. Many large companies don't even have to bother with training people anymore.