Investing in America's Workforce

Explore contemporary research, best practices and resources in the Federal Reserve System’s new book, Investing in America's Workforce: Improving Outcomes for Workers and Employers. Over 70 essays from more than 100 authors examine workforce development as an investment that provides returns to workers, businesses and their communities. The book is divided into three volumes: Investing in Workers, Investing in Work, and Investing in Systems for Employment Opportunity.


Investing in Job Quality

The quality of lower-wage, frontline jobs has a direct impact on employee participation, engagement and productivity.  Explore investments, strategies and policies that can improve outcomes businesses and their workers. 


Engaging Workforce Development: A Framework for Meeting CRA Obligations

This resource provides banks – and organizations interested in partnering with them – information on how the Community Reinvestment Act can be leveraged to support workforce development goals.


Thinking and Doing— Workforce Development for a Modern Era

Transforming U.S. Workforce Development Policies for the 21st Century explores how new policies and practice can meet the changing needs of workers, businesses and their communities.

Financial assistance for child care providers: Key considerations during COVID-19

By Rob Grunewald, Ben Horowitz, and Ryan Nunn
September 04, 2020

This brief from the Minneapolis Fed provides a framework for child care policy choices in light of the coronavirus pandemic, a critical component of a sustained and equitable recovery.

Commuting Patterns During COVID-19 Endure; Minorities Less Likely to Work from Home

By Alexander Bick, Adam Blandin and Karel Mertens
September 01, 2020

The Dallas Fed explores the impact of business closures and transitions to work from home settings on employees by differences in education and ethnicity.

“Forced Automation” by COVID-19? Early Trends from Current Population Survey Data

By Lei Ding and Julieth Saenz Molina
September 01, 2020

This empirical study by the Philadelphia Fed explores the impact of the pandemic on workers in automatable occupations and the increased risk of permanent job loss by minorities to automation.

Ask Us Anything: Racial Equity and the Future of Workforce Development

August 20, 2020

Economic outcomes vary significantly by race. This video from the Atlanta Fed's Ask Us Anything webinar series provides an overview of racial differences in employment and outlines practices that can help workforce systems advance racial equity and drive toward a better future for communities.

Native employment during COVID-19: Hit hard in April but starting to rebound?

By Donna Feir and Charles Golding
August 05, 2020

The Center for Indian Country Development explores how Native Americans have been impacted by job loss during the pandemic.

Opportunity Occupations: Good pay; no degree required

April 06, 2020 | ten

A Federal Reserve System initiative called “Opportunity Occupations” examines the impact of jobs that don’t require a four-year college degree and typically pay above the national annual median wage of $37,690.

Women Take a Bigger Hit in the First Wave of Job Losses due to COVID-19

By Didem Tuzemen and Thao Tran
April 16, 2020

Women, especially those without a college degree, have taken a bigger hit in the first wave of job losses due to the pandemic. This imbalance could lead to prolonged damage to women’s employment and labor market attachment if job losses deepen and persist. 

Exploring a Skills-Based Approach to Occupational Mobility

By Kyle Demaria, Kyle Fee, and Keith Wardrip
June 01, 2020

The Philadelphia and Cleveland Feds explore pathways for economic mobility through matching skills exhibited in lower-wage jobs and those needed in higher wage, higher opportunity occupations.

Retirement Savings: The SECURE Act Helps; Can More Be Done?

April 01, 2020

The St. Louis Fed explores how workers’ financial resilience and retirement security can be improved by the SECURE Act and four additional policy actions.

The Unemployment Cost of COVID-19: How High and How Long?

By Ayşegül Şahin, Murat Tascı, and Jın Yan
May 07, 2020

Cleveland Fed researchers use flows into and out of unemployment to provide an alternative estimate the unemployment rate over the next year.

Families Most Vulnerable to Income Shock and COVID-19

May 04, 2020

This podcast with the St. Louis Fed’s Center for Household Financial Stability discuss indicators of financial resilience of households and how they may withstand shocks such as job loss.

Unemployment Claims Monitor

May 01, 2020

The Atlanta Fed’s interactive Unemployment Claims Monitor provides current data on initial and continued claims for unemployment insurance as well as claimants' demographic data.

Reemploying the Unemployed

April 02, 2020

Stuart Andreason of the Atlanta Fed discusses options to create a better marriage between the workforce development and unemployment insurance systems to expedite the path to reemployment for individuals affected by the recent economic slowdown.

How to Help Workers Who Can’t Work from Home

March 25, 2020

Learn about the effects of remote work policies, Short-Time Compensation programs, and other policies to support workers facing reduced hours and potential layoffs.

New tool for employers of low-wage workers

March 23, 2020

Jennifer Wilding of the Kansas City Fed discusses new resources and tools to help companies attract and retain lower-wage employees.

Tracking Labor Market Developments during the COVID-19 Pandemic: A Preliminary Assessment

By Tomaz Cajner, et al
April 01, 2020

The labor market effects of the COVID-19 pandemic are tracked with real-time weekly payroll employment data to track both aggregate and industry effects.

Advancing Careers for Low-Income Families

March 01, 2020

The Atlanta Fed launches a comprehensive initiative on addressing the impact of benefits cliffs on low-income individuals and their incentives to enroll in training for a higher-paying job, work more hours, or advance in their career.

Closing the "Digital Skills Gap" Takes Hard Work from Employers and Employees

February 19, 2020

The St. Louis Fed discusses the difficulties employers face in finding skilled workers, as well as challenges workers confront when “upskilling” themselves for jobs that complement (but don’t compete with) automation.

What Can Employers Do to Mitigate Hiring Difficulties? Evidence from Online Job Ads*

February 01, 2020

The Philly Fed uses data from online job ads to understand how employers can improve their ability to fill open job positions.

Which Workers Will Be Most Impacted?

By Keith Wardrip and Anna Tranfagli
April 01, 2020

Researchers from the Philly Fed identify the occupations that are most likely to be negatively affected by social distancing practices and then describe the characteristics of the workers holding those jobs.

Benefits Cliffs and the Financial Incentives for Career Advancement: A Case Study of a Health Care Career Pathway

January 15, 2020

The financial disincentives to career advancement caused by benefits cliffs, which occur when earnings gains are offset by the loss of means-tested public benefits, are explored by researchers from the Atlanta Fed. Two policy interventions are discussed.

New ideas help align two systems: Why is there a disconnect between economic development and workforce systems?

January 07, 2020

This special brief explores the alignment of economic development and workforce development systems to better foster economic growth and ensure individuals have the education, skills and training needed to meet labor needs.

Exploring Women's Labor Force Participation Amid Uneven Recovery From Recession

January 07, 2020 | ten

Through the period of 2008 (during the recession) to 2011, 5.7 million prime-age individuals—men and women—lost their jobs, and the overall participation rate has not fully recovered. College-educated women overall have fared better than other prime-age workers.

President's Message: Long-Term Trends in the U.S. Labor Force and Implications for Policymakers

October 17, 2019

Esther George delivered remarks demographic trends are reshaping the U.S. labor force in July at a forum on “the Silver Economy” in Helsinki, Finland.

Demand for Digital Skills Rising: Whether New or Seasoned, Workers Face Increased Need to Keep Current

October 17, 2019

This special topic brief, recently released as part of the Investing in America’s Workforce (IAW) initiative, explores what challenges and innovative strategies have been used to prepare workers with digital skills for 21st-century jobs.

Opportunity Occupations: Leveraging Jobs that Pay a Good Wage without Requiring a Four-Year College Degree

October 01, 2019

This mother of three didn't need a four-year degree to land her job and improve her family's life. Learn Jaime's story in this video.

Boston Fed puts working parents at the center of new initiative on child care

May 16, 2019
The Boston Fed launches a new initiative to help working families address the “trilemma of challenges” – affordability, availability, quality – affecting early child care services.

Is the Middle Class within Reach for Middle-Income Families

By Governor Lael Brainard
May 10, 2019
In recent years, households at the middle of the income distribution have faced a number of challenges. That raises the question of whether middle-class living standards are within reach for middle-income Americans in today's economy.

Regional Metros have More--or Less--Opportunity

April 23, 2019 | connections
College-educated workers typically have greater success in the labor market than do workers without a bachelor’s degree (hereafter subbaccalaureate workers), as measured by both earnings and rates of employment.  In light of research indicating a “polarization” of the labor market in favor of higher-wage and lower-wage jobs, it is worth asking: Do certain regional economies offer greater opportunity than others for the more than two-thirds of adults without a bachelor’s degree?

What's Next? It May Not be College

By Steve Shepelwich
April 22, 2019

Saturday night, my son will be attending his first high school prom. A junior, he is starting to hear his friends talk about the big decisions that come with the end of school in May. “What are you planning to do next?”


Too often the answer is college, if only by default. With national completion rates hovering around 60 percent and the rising concern about burdensome student debt, it is time to reconsider the options.

Strenghtening Workforce Development in Rural America

By Ashley Bozarth and Whitney Strifler
April 22, 2019

Explore opportunities for rural investments that address issues of labor demand and supply in this special topic brief from the Investing in America’s Workforce initiative.

The Growing Importance of the Services Sector

By Alison Felix and Sam Chapman
March 29, 2019 | 1st Quarter 2019

The growing importance of the services sector in recent decades is explored in this issue of the Rocky Mountain Economist.

Automation and the Future of Work

March 27, 2019
Where you live or work could play a significant role in how you experience technological change and disruption of the labor market.

Promising Workforce Development Approaches

January 30, 2019
Highlights from the Investing in America's Workforce book launch at the New York Fed summarizes effective practices in workforce development based on themes from the book.

Tenth District development of Fed System Workforce book

January 15, 2019 | ten

Steve Shepelwich, a Federal Reserve Bank of Kansas City senior community development advisor, discussed the Federal Reserve System’s new book on workforce development.

Early Childhood Education and the Economy

January 08, 2019
This brief from the Atlanta Fed explores how early childhood education programs can increase future labor force productivity, lower societal costs, and lead to a more robust economy.

Why Aren’t U.S. Workers Working?

By Mary C. Daly, Joseph H. Pedtke, Nicolas Petrosky-Nadeau and Annemarie Schweinert
November 13, 2018

Research by the San Francisco Fed suggests that policy interventions to reduce the structural barriers that keep many women on the sidelines could bring millions of prime-age Americans into the labor force.

Learn-and-Earn Model Catches On

By Steve Shepelwich
November 09, 2018

National Apprenticeship Week is helping build momentum for a model that works.

Investment in Skills Training Is an Investment in the Economy

By Patrick T. Harker
November 09, 2018

At a book launch for Investing in America’s Workforce: Improving Outcomes for Workers and Employers, Harker discussed the overarching theme, “that everyone involved in workforce development should start thinking like investors looking for long-term rewards, rather than lenders thinking only about short-term risks.”

Welcoming Remarks at the Investing in America's Workforce Book Launch Event

By John C. Williams
November 09, 2018

President Williams discusses the importance of workforce development for sustainable economic growth and example policies and programs. 

Oklahoma Career Expo Week

The Kansas City Fed hosted five events to connect youth with career skills and opportunities during the Oklahoma Career Expo Week, November 12-18.

Regional Firms Struggling to Hire Hourly Workers

October 31, 2018
The Atlanta Fed explores the causes and consequences of a tightening labor market for frontline and hourly workers.

New book shares workforce strategies

By Steve Shepelwich
October 31, 2018 | connections
More than 100 contributing authors share research, effective practices and resources on workforce development in this new book from the Federal Reserve System. 

When a Job Isn’t Enough

By Jay Lindsay
October 29, 2018
New Boston Fed initiative focuses on promoting ‘quality jobs’ and their impacts.

“History Has Handed Us an Opportunity” for Systemic Change

By Patrick T. Harker
October 03, 2018
President Harker makes the case time is ripe for employers and funders alike to rethink existing approaches to skills training, using evidence-based research to “disrupt norms.”

Job Growth in Nebraska Continues, Especially for Some Occupations

By Nathan Kauffman
September 28, 2018 | Nebraska Economist
Nebraska’s job growth trends and industry drivers are examined in this edition of the Nebraska Economist.

The Prime-Age Workforce and Labor Market Polarization

By Rob Valletta and Nathaniel Barlow
September 10, 2018
San Francisco Fed economists explore factors contributing to the drop in prime-age labor force participation such as job polarization, health considerations and other social trends.

Labor Market Conditions highlighted in latest LMI Economic Conditions report

By Kelly D. Edmiston
September 04, 2018 | LMI Economic Conditions
Labor market conditions faced by low- to moderate-income individuals receives expanded attention in this biannual report. 

Essential Skills Training for Workforce Staff Launched

August 30, 2018
Access tools and resources used in a new one-day workshop for frontline staff to learn new perspectives and skills in the areas of employability skills, financial literacy and entrepreneurship.

Black Women Business Startups

Self-employment is one path to employment. This report by Dell Gines draws lessons from black women business owners, their characteristics and the challenges they face. 

Strategies to Advance Job Quality

August 09, 2018 | connections

The challenges workers face in making a living through their work today and practical approaches that governments, businesses, nonprofits and other civic actors can take to improve the quality of jobs for all who work are detailed by Maureen Conway of the Aspen Institute in this advance chapter from the Federal Reserve’s forthcoming book Investing in America’s Workforce: Improving Outcomes for Workers and Employers.

Stark decline in labor force participation for men 25-54

August 09, 2018 | ten
The labor force participation rate for men ages 25-54 has fallen dramatically since the 1960s, and Kansas City Fed research shows that the decline has accelerated over the last several years.

Next Generation Sector Partnerships: A Series of Case Studies

By Elizabeth Sobel Blum
July 02, 2018

Regional collaborations of businesses, from the same industry and in a shared labor market region, that work with education, workforce development, economic development and community organizations to address workforce development needs are examined through five case studies.

Podcast: Access to Job Success

June 30, 2018
Learn about a holistic workforce development model that improves employee engagement, retention and advancement opportunities in this Federal Reserve podcast.

Educational Attainment and Labor Market Outcomes in the Rocky Mountain States

June 29, 2018 | 2nd Quarter 2018
The educational attainment of individuals in Colorado, New Mexico and Wyoming and their labor market outcomes is discussed in this issue of the Rocky Mountain Economist.

Paid Family and Medical Leave: Impact and Implementation

By Anjali Sakaria and Jacqueline Tosto
June 19, 2018

The need for paid family and medical leave programs and the impact they have on businesses, the economy, and the health and well-being of low- and moderate-income workers is explored in the brief from the Boston Fed.

The Opioid Epidemic and Its Effects

May 31, 2018
This report details what the Federal Reserve Bank of Cleveland has learned through research to gain a better understanding of the opioid epidemic and specifically, its effect on workers’ participation in the labor force.

Kansas City Fed Labor Market Conditions Indicators

April 16, 2018

The Kansas City Fed Labor Market Conditions Indicators (LMCI) suggest the level of activity increased modestly and momentum remained high in March. An increase in job leavers made the greatest contributed to activity in the period. 

Job Polarization and the Natural Rate of Unemployment in the United States

April 13, 2018 | Research Working Paper

A new estimate of the natural rate of unemployment in the United States that accounts for changes in the age, sex, and skill composition of the labor force is explored by Kansas City Fed economist Didem Tuzeman.

How Do Firms Respond to Hiring Difficulties?

The responses of small firms to difficulties in finding workers are examined with new data from the Federal Reserve Bank’s 2017 Small Business Credit Survey. Implications for workforce development practitioners and policymakers are explored.

Engaging Banks in Workforce Development - Webinar 2

March 29, 2018

Learn how banks and organizations partnering with them can play an important role in workforce development and the economic health of low- and moderate-income communities in this two-part webinar series. 

Engaging Banks in Workforce Development - Webinar 1

March 29, 2018

Learn how banks and organizations partnering with them can play an important role in workforce development and the economic health of low- and moderate-income communities in this two-part webinar series. 

Tenth District LMI Economic Conditions

March 09, 2018 | LMI Economic Conditions

Reasons for low labor force participation during periods of tight labor markets and employability programs are explored in this edition of the Kansas City’s biannual review of economic conditions in LMI communities.

Why Are Prime-Age Men Vanishing from the Labor Force?

February 21, 2018 | Economic Review

The drivers and potential consequences of the decline in prime-age men’s participation in the labor market, due in part to job polarization, are explored in this Kansas City Fed Economic Review article.

Opportunity Occupations Monitor

December 22, 2017

This interactive data tool from the Atlanta Fed identifies well-paying jobs across various educational requirement levels in states and metro areas to help identify employment offering livable wages. 

Workforce Development in Today's Economy

December 13, 2017

Governor Lael Brainerd discusses the workforce development issues related to skills development programs for youth. 

Bank’s Community Reinvestment Act (CRA) Opportunities

October 24, 2017

The Philadelphia Fed summarizes innovative activities from banks’ Community Reinvestment Act (CRA) performance evaluations in workforce development and other areas of community development. 

Fed Governor Tours Kansas City's Workforce Initiatives

October 18, 2017 | connections

Governor Brainard gains first-hand look at a Kansas City workforce development initiative to create industry-informed job training programs in the information technology field.

Atlanta Fed’s Center for Workforce and Economic Opportunity

October 10, 2017

The Atlanta Fed launches new Center for Workforce and Economic Opportunity (CWEO) to make Federal Reserve System resources related to the labor market, employment opportunities, and workforce development accessible to researchers, businesses, and policymakers.

"Investing in America’s Workforce: Report on Workforce Development Needs and Opportunities"

October 05, 2017

This Federal Reserve System report analyzes information gathered from nearly 1,000 leaders who work at the intersection of workforce training, recruitment, and finance. The study provides a snapshot of the workforce development sector and its key challenges. It offers strategies for improving the human capital of America’s labor force, expanding access to jobs, and innovating workforce development funding.

Investing in America’s Workforce: Overview

October 02, 2017 | connections

The goals and activities of the Federal Reserve System’s national workforce initiative are described in this overview article.

Tenth District LMI Economic Conditions Report Looks at Labor Market

September 28, 2017 | LMI Economic Conditions

Many respondents in the latest Tenth District LMI Economic Conditions Report commented that ample jobs were available in their areas for LMI workers but that wages were very low and insufficient to support an individual or family—a common ongoing refrain in survey responses. 

Labor Market Disparities and Economic Performance

September 27, 2017

Governor Brainard discussed the impact of labor market disparities on monetary policy and initiatives aimed at understanding economic disparities and how to foster more-inclusive growth at the Kansas City Fed’s "Banking and the Economy: A Forum for Minority Bankers." 

Work Ethic: The Critical Skills for the 21st Century Workforce

September 14, 2017

Josh Davies, chief executive officer of The Center for Work Ethic Development, engaged with Oklahoma educators and employers to discuss the core behaviors that define work ethic and soft skills and research-based methods for integrating work ethic development into training and work settings. 

Earning a living: Who’s contributing to the recent increase in wage growth?

August 31, 2017 | tenmagazine

Wage growth for workers in the United States has accelerated gradually in the past two years, and a few industries are responsible for the surge.

Dissecting Wage Dispersion

August 23, 2017 | Economic Review

This Economic Review article finds that “where you work” contributes more to residual wage dispersion than “who you are.” 

Government Policy and Labor Productivity

July 06, 2017

Vice Chairman Fischer discusses the impact of labor productivity on economic growth and policy options for improving innovation, investments and labor quality.

Investing in America’s Workforce: Improving Outcomes for Workers and Employers

May 02, 2017

This new workforce initiative by the Federal Reserve System and its partners aims to connect businesses, government, nonprofit, and philanthropic organizations to rethink policy and investments, attract new resources, and improve economic mobility for workers. Save the date for the Capstone Conference to be held October 4–6, in Austin, TX. Sign up at for updates and to be the first to hear when conference registration opens.

Increasing participation: Workers staying on the job longer

By Kevin Wright
May 01, 2017

One of the driving forces behind the increase in the labor force participation rate is older workers remaining on the job. The reasons vary for their extended stay, but their presence is an important element in understanding current labor conditions.

Experiences and Perspectives of Young Workers: A Connecting Communities webinar

April 25, 2017

Listen to experts from the Federal Reserve, the City University of New York (CUNY), and the Aspen Institute in in this edition of the Connecting Communities webinar explore findings from the recent Federal Reserve report on young workers and the labor market which provides a snapshot of the educational attainment, employment experience, job market outlook and financial self-sufficiency of 18- to 30-year-olds.

Assessing Differences in Labor Market Outcomes Across Race, Age and Educational Attainment

April 21, 2017 | Research Working Paper

Broad indicators are often used to evaluate the health of the labor market but may mask disparities in outcomes across age, education, gender, and race. This paper summarizes work the research staff of the Federal Reserve Bank of Kansas City has done to better understand differences in labor market outcomes. Some of these findings reinforce earlier work, while others offer novel perspectives.

Developing Career-Based Training: A Connecting Communities

April 08, 2017

Advances in technology are fundamentally shifting the demand for labor toward workers who have significant skills. As a result, great potential exists for workers and employers develop more and better career-based training for many middle-skilled positions. Learn of new approaches to developing such training programs in the recently released Atlanta Fed ebook, Developing Career-Based Training

The Rise of Underemployment: Supporting the Needs of Low-Income Workers

April 06, 2017

This paper from the San Francisco Fed summarizes existing research on the topic of underemployment, discusses themes that surfaced during the locally focused meetings, and proposes ways to address the underlying causes through solutions that build on the interrelated nature of housing, jobs, transportation and child care.

Tenth District LMI Economic Conditions

By Kelly D. Edmiston and Daniel Perez
March 29, 2017

Most indicators of economic and financial conditions in the LMI community have rebounded from the previous survey, but more consistent improvement is needed to make a definitive judgment on the long-term trend of LMI economic conditions. 

Addressing Workforce Development Challenges in Low-Income Communities

By Chair Janet L. Yellen
March 28, 2017

Chair Yellen reviews workforce development initiatives and their importance given the significant job market changes in recent years, brought about by global competition and technological advances, and the new and shifting skills that these changes demand.

Putting the Community Reinvestment Act to Work

By Steve Shepelwich
March 10, 2017 | connections

Banks can play an important role in building a strong workforce for their local economy. A new resource from the Federal Reserve Banks of Dallas and Kansas City, Engaging Workforce Development: A Framework for Meeting CRA Obligations, provides banks, and organizations interested in partnering with them, information and tools to engage in workforce development activities.

Stuck in Part-Time Employment

January 18, 2017

Jonathan Willis of the Kansas City Fed finds that although the share of workers employed part time for economic reasons has declined, it is unlikely to return to its pre-recession level in the near future.

Regional Talent Pipelines: Collaborating with Industry to Build Opportunities in Texas

January 18, 2017

The Dallas Fed explores how regional workforce development systems can connect lower-skilled workers to opportunities for advancement in a changing labor market.

Investing in the Frontline: A Lesson from the Health Care Sector (webinar)

December 15, 2016

The Kansas City Fed discusses how an employer-led national collaboration of health care leaders promotes employer investment in the skill and career development of frontline health care workers.

Experiences and Perspectives of Young Workers

December 01, 2016

The experiences and expectations of 18- to 30-year-old Americans entering the labor market are explored in this research report from the Federal Reserve’s Board of Governors.

The Evolution of Work: A conference by the New York Fed

November 17, 2016

The New York Fed hosted “The Evolution of Work,” a conference to explore how the nature of work is evolving, including the expanding role of technology, shifts in employee work arrangements and employer-employee relationships, and the effects of these changes on workforce and community development strategies. Governor Brainard provided a speech on the implications of the growth of contingent work. The conference was co-sponsored by the Board of Governors of the Federal Reserve System and the Freelancers Union.

What is Behind the Recent Increase in Labor Force Participation?

November 14, 2016

Kansas City Fed economists find that the recent increase in labor force participation is not due to more workers entering the labor force, but to fewer workers exiting it.

Putting Your Paycheck to Work Infographics

November 10, 2016

Two new infographics are available for employers and financial educators on how to make the most of your paycheck.

Improving Job Quality for Lower-Wage Workers: An interview with Steven Dawson

November 08, 2016

Steven Dawson discusses opportunities for improving job quality and economic opportunities for lower-wage workers grounded in his current work as a Visiting Fellow at The Pinkerton Foundation and consultant with workforce development practitioners and funders.

Building Ladders and Raising the Floor: Improving Employment and Economic Opportunities for Frontline Workers

October 25, 2016

The Kansas City Fed, in partnership with the Aspen Institute's Economic Opportunities Program, hosted a discussion of the importance and advantages to both workers and employers for shifting our employment and workforce strategies to focus on "building ladders and raising the floor." See videos from the forum here.

Tenth District LMI Economic Conditions Report

October 05, 2016

Labor markets for LMI households are examined in this edition of the Tenth District LMI Economic Conditions Report.

Economics in the Community Context: Underemployment

September 27, 2016

This paper from the San Francisco Fed explores the issue of underemployment and its impact on lower-income households and communities.

Beyond CRA: Meaningful Collaborations between Financial Institutions and Workforce Entities

September 16, 2016

The New York Fed and Boston Fed explored how the Community Reinvestment Act (CRA) and Workforce Innovation and Opportunity Act (WOIA) serve as unique opportunities for financial institutions and workforce entities to explore mutual goals and develop partnerships.

The Create Jobs for USA Program

September 08, 2016

The Boston Fed reviews the role of Community Development Financial Institutions in creating new jobs. 

Two-Generation Strategies for Workforce Development

September 07, 2016

The evolving practice of two-generation strategies for leveraging workforce development, education and social services to move families out of poverty was discussed at the Exploring Financial Resiliency and Mobility Conference.

Federal Reserve and the Center for Popular Democracy Listening Session (video)

August 25, 2016

Federal Reserve officials meet with the Center for Popular Democracy's Fed Up campaign in Jackson Hole, Wyoming to discuss its members’ challenges in the labor market and other issues.

Addressing Employment Needs through Sector Partnerships: Case studies from across the Federal Reserve's Fourth District

August 15, 2016

Five sector-based partnerships are explored in this set of case studies from the Cleveland Fed.

Where can the participation rate go from here?

August 02, 2016

After a long stretch of declines since the Great Recession, labor force participation has risen in recent months, mainly due to an increase in highly educated workers re-entering the workforce.

FinTech Internship Program offers opportunity, enrichment and mobility

The Boston Fed profiles an initiative that supports upward social and economic mobility of Greater Boston’s low- and moderate-income youth.

Cascade focuses on workforce development

July 25, 2016

The Philadelphia Fed explores workforce development strategies, including apprenticeships, and financial capability, in its Summer edition of Cascade.

Workforce development addressed in new Community Reinvestment Act guidance

July 15, 2016

New interagency guidance on the CRA clarifies workforce development, job creation and economic development activities.

My Future, MyRA

June 17, 2016

Retirement options expand for workers with this individual retirement savings account.

Tackling Poverty, Two Generations at a Time

May 26, 2016 | connections
Tulsa program breaks new ground in the growing “two-generation” approach to tackling poverty.

Watch Workforce Development Webinars On Demand

May 10, 2016
Explore new strategies for transforming workforce development policy and practice to meet the needs of today’s evolving economy with a webinar series led by scholars and practitioners. The series highlights ideas from the Kansas City Fed’s Transforming U.S. Workforce Development Policy & Practice for the 21st Century.

‘Build Ladders and Raise the Floor’ at Oklahoma Works Conference

May 04, 2016

The Kansas City Fed sponsored an opening plenary session on strategies for improving the employment outcomes of lower-wage, frontline workers at Oklahoma’s annual workforce conference. Vickie Choitz of the Aspen Institute provided an overview presentation of the rationale and strategies for improving job quality.  Panelists from The SOURCE, Chicagoland Workforce Funder Alliance and High Plains Community Health Center discussed their experiences in improving job quality and its effects on workers and employers.

Financing Workforce Development in a Devolutionary Era

April 22, 2016

New research from the Atlanta Fed explores several promising alternative financing models for workforce development programs, such as social impact bonds and income-share agreements.

Moving Sectoral & Career Pathway Strategies from Promise to Scale: A Policy and Practice Lecture sponsored by the Oklahoma Department of Human Services and the Federal Reserve Bank of Kansas City

February 09, 2016

Dr. Chris King, senior research scientist at the University of Texas at Austin’s Ray Marshall Center, presented a framework for understanding the challenges faced by career pathways strategies and options for appropriate policy and practice innovations based on a chapter he authored in Transforming U.S. Workforce Development Policies for the 21st Century.

Models for Labor Market Intermediaries

February 02, 2016

Many communities are developing effective strategies to address common challenges in local workforce development through partnerships with traditional and nontraditional organizations. These partnerships are examined in the Atlanta Fed’s recently released electronic book--a collaboration with national experts in workforce development, and companion to the 2015 publication, Transforming U.S. Workforce Development Policies for the 21st Century.

Transforming U.S. Workforce Development Policies for the 21st Century: Book Launch Event

December 17, 2015

Watch national policymakers, practitioners and researchers discuss opportunities for strengthening the U.S. workforce system at the book launch event held at the Federal Reserve System’s Board of Governors.

Improving Employment Outcomes for Lower-Wage Workers

November 02, 2015

Workforce development leaders explore strategies for improving job quality and other emerging issues in the 10th District.

Identifying Opportunity Occupations in the Nation’s Largest Metropolitan Economies

October 15, 2015

Are there well-paying jobs for people without a four-year college degree? Identifying Opportunity Occupations in the Nation's Largest Metropolitan Economies summarizes research conducted by the Federal Reserve Banks of Philadelphia, Cleveland and Atlanta on employment opportunities for workers without a formal education. This research examines what employment opportunities can be considered opportunity occupations, where these opportunity occupations are located and how employer preferences differ from the education requirements for these jobs.

NexStep: Bridging the Employment Gap

September 01, 2015 | Community Connections

Adult education program in Wichita unites GED, technical training and employment services.

Improving the Quality of Jobs through the Public Workforce System

April 30, 2015

Scott Anglemyer, executive director of Workforce Partnership, discusses opportunities for the public workforce system to meet the changing needs of employers and workers.

Raise the Floor, Build the Ladder: Good Jobs for New Mexico's Workforce

April 24, 2015

April summit to explore program, policy and funding supports for low-wage workers and employers.

Signs of Improvement in Prime-Age Labor Force Participation

The Atlanta Fed's microblog discusses signs that some of the prime-age individuals who had retreated to the margins of the labor market have been flowing back into the formal labor market.

Reforming Workforce Development Policies for American Workers

February 01, 2015
Summary and recommendations from a panel at the Transforming U.S. Workforce Development Policies for the 21st Century conference.

Transforming U.S. Workforce Development Policies for the 21st Century: A Conference Overview

December 12, 2014
National forum shares perspectives on education and workforce development strategies. 

Labor Market Dynamics and Monetary Policy

Chair Janet Yellen discusses the implications of labor market dynamics and monetary policy at the Kansas City Fed's Economic Symposium in Jackson Hole, Wyoming.

Creating better healthcare jobs explored in national audioconference

Strategies for improving low-wage jobs and their outcomes on economic mobility and financial stability through the lens of the frontline healthcare sector are discussed in this audioconference.

Listening to Caregivers

Adrienne Smith, president and CEO of the New Mexico Direct Caregivers Coalition, discusses challenges and opportunities for improving outcomes for direct caregivers, their patients and their employers.

Investing in People as an Economic Growth Strategy

Jeffrey Lacker, president of the Richmond Fed, discusses long-run strategies to improve labor market outcomes.

Workforce Development and the CRA explored in national audioconference

A survey of workforce development professionals suggests that the Community Reinvestment Act can be a useful resource to support workforce outcomes. An overview of the CRA and steps workforce leaders can take to engage banks are discussed in this presentation.

Richmond Fed President discusses Skills, Inequality and Mobility Richmond

Richmond Fed President Jeffrey Lacker discusses the role of workforce development programs, especially those targeted at youth, on issues of skills development, inequality and mobility.

Building a Resilient Workforce

Dennis Lockhart, president of the Atlanta Fed, discusses building a workforce that can adapt to changing economic realities in opening remarks at the 2013 Community Development Research Conference.

Employer and Lower-Wage Employee Perspectives on Training and Advancement

This jobs-related podcast discusses the value and a role for both the employee and employer in developing and enhancing the skill sets of lower-wage workers.

Governor Raskin addresses challenges facing LMI Workers

Governor Sarah Bloom Raskin addresses labor markets and workforce development challenges at the National Community Reinvestment Coalition Annual Conference.

Kansas City Fed brings experts together to address the future of workforce development

Go inside the key issues impacting workforce development. Learn more about the need for public and private partnerships, the impact of demographic changes, and the role of self-employment.

Power in Partnerships: Addressing Workforce Development Challenges

The Atlanta Fed’s jobs-related podcast discusses the importance of public, private and philanthropic partnerships in addressing local and regional workforce challenges.

Leveraging the Community Reinvestment Act to Advance Workforce Development

Steve Shepelwich discusses ways workforce professionals can expand partnerships with banks to create complementary programs with Ron Painter, CEO of the National Association of Workforce Boards.

Investing in America's Workforce Book

Explore contemporary research, best practices, and resources in the Federal Reserve System’s new book on workforce development.

Essential Skills Training for Workforce Staff

Access tools and resources used in a new one-day workshop for frontline staff to learn new perspectives and skills in the areas of employability skills, financial literacy and entrepreneurship.

Investing in America’s Workforce: A Federal Reserve System Initiative

This portal provides information on the Federal Reserve System’s to reimagine and reframe workforce development efforts across the country as opportunities for productive investments.

Tenth District Economic Databooks

These state-level databooks provide current economic and labor market indicators to help monitor trends and allow comparison of past information.

Map Your Community

Map Your Community is a web-based mapping tool that allows workforce development professionals to explore labor market and community variables.

Kansas City Fed Labor Market Conditions Indicators

The Kansas City Fed Labor Market Conditions Indicators (LMCI) are two monthly measures of labor market conditions based on 24 labor market variables. The indicators measure the level of activity and momentum in labor markets.

Federal Reserve Human Capital Compendium

This repository provides access to research on employment, unemployment, and workforce development published by the Board of Governors and all 12 Federal Reserve Banks. Workforce Development Section

This portal provides information on the workforce development programs, resources and research carried out by all of the Federal Reserve Banks.

Kansas City Fed’s Student Board of Directors Program

The Student Board of Directors program provides an opportunity for selected youth to become knowledgeable citizens while exploring career options and developing critical leadership and employability skills. 

Are You Ready to Take the Risk?

Students take a survey of their entrepreneurial potential in this lesson by the Kansas City Fed. They learn about Gallup's 10 Talents of Successful Entrepreneurs and solve a business problem using these talents.

Invest in What’s Next: Life After High School

This interactive mini-course by the Federal Reserve Banks of Richmond and San Francisco explores career options, personal finances and plan development.

Career Exploration and Soft Skills: Preparing Students for Success

In this activity by the Atlanta Fed, students learn about the importance of soft skills, take a self-assessment, and role play real-life situations.

Putting Your Paycheck to Work

The Kansas City Fed has developed resources for employers and educators that can be used to help employees or students understand and manage their paychecks and income.

Essential Skills Training

Access tools and resources used in a new one-day workshop for frontline staff to learn new perspectives and skills in the areas of employability skills, financial literacy and entrepreneurship.

Navigate: Exploring College and Careers

Navigate is a classroom resource from the Federal Reserve Bank of Dallas that allows students to examine various careers and educational requirements, evaluate different educational opportunities after high school and imagine their own path to success.

Federal Reserve Education equips educators, educates students and empowers consumers by providing access to economic and personal finance education materials from all Federal Reserve Banks in one place. 

Investing in America’s Workforce: Report on Workforce Development Needs and Opportunities

October 05, 2017

Based on 55 roundtables with local leaders across the nation, this report provides a snapshot of the workforce development sector and offers strategies for improving the human capital of America’s labor force, expanding access to jobs, and innovating funding.

Improving Employment Outcomes for Lower-Wage Workers

November 02, 2015 | Community Connections

A summary of the 2015 Tenth District workforce development forums. 

Workforce Development in the Tenth District

Workforce development leaders discuss current issues at forums held across the 10th District.

Workforce Development and the Chronically Unemployed

Series of roundtable discussions on workforce development and the chronically unemployed.

Roundtables Address Workforce Development Challenges

The roundtables are part of a system-wide Federal Reserve initiative to inform program and policy responses.