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Today’s high school graduates exhibit gaps in communications skills, critical thinking, work ethic, and professionalism. College graduates fare better, but only one in four mid-market firms surveyed gives them “excellent” grades on “important” skills. Still, new workforce entrants are better prepared than their predecessors in technology and collaboration skills. Future graduates will need to show financial competence and be able to manage their health and careers. Case studies include reports on three company initiatives to improve workforce readiness and one computer-aided workplace simulation program.