Economist: Technology now changes so rapidly that workers need periodic retraining.
Conclusion (Hence)
Large governmental job retraining programs are no longer a viable option in the effort to retrain workers efficiently.
Evidence
Periodic retraining can only be efficient if it allows individual companies to meet their own short-term needs.
Evaluate
We have a premise and a conclusion that are both talking about whether or not retraining can be efficient.
The premise says, If it doesn't meet individual companies' short-term needs, then retraining won't be efficient.
The conclusion is saying that Large governmental job retraining won't be efficient.
So the author must be assuming that Large governmental job retraining won't meet individual companies' short term needs.
Formally, the conclusion is trying to prove this: Large govt ------------------------> not retraining efficient
The premise provides this part of the chain: doesn't help ---> not companies meet efficient short-term needs
So the linking assumption we're missing is this: Large govt -------> doesn't help retraining companies meet short-term needs
Goal
Look for the missing link we spotted, 'Large governmental job retraining programs don't allow individual companies to meet their own short-term needs'.