The human consequences of economic and technological change have long been the subject of both
popular and scholarly debate. It is frequently asserted by politicians, trade union leaders and business
executives that the nation's most valuable and important resource is people. Yet the need to develop human
resources continues to rank well below concerns about investment in other resources such as minerals, energy
or manufacturing. The current economic recession and the growth of widespread unemployment, especially
among the young, will test the 'lip service' which has been hitherto paid to the importance of sustaining
and developing the nation's human resources.
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