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Discussion Paper
COVID-19, Workers, and Policy
As coronavirus 2019 (COVID-19) spreads around the world and across the United States, many policymakers and public health officials are encouraging employers to tell workers to work remotely or to stay home when they or their family members are sick. There are significant questions, though, about how many people can work from home. Many U.S. workers in retail, restaurants, manufacturing, and other occupations cannot do so. This Workforce Currents post will explore who can work from home and identify practices and policies to support workers who cannot work from home in the event of a pandemic ...
Discussion Paper
Policies to Close the Southern Skills Gap
Southern states have a number of economic and demographic characteristics that make them unique from the rest of the country—and increase the need to build skills to advance economic development in the region.
Discussion Paper
Utilizing Opportunity Occupations Data for Recovery
The COVID-19 pandemic has created an unprecedented economic crisis, with tens of millions of American workers losing their jobs since March. The disproportionate impact of this crisis on women, communities of color, and particularly those in lower-wage occupations, highlights the need to address intergenerational racial inequity with programs and policies that connect workers to quality jobs. But understanding which jobs are available in a local labor market is often a challenge.Local labor markets can often be quite unique. They might have different skill needs for specific jobs, and in some ...
Discussion Paper
Fragmentation in workforce development and efforts to coordinate regional workforce development systems
The importance of human capital in regional economic competitiveness is increasingly apparent. However, structural changes, fragmentation, the instability of funding, and other factors have led to challenges for workforce development providers as well as workforce development systems. This fragmentation has created a less coherent and coordinated workforce development system. Often, metropolitan areas have many programs and policies in place to train workers for jobs that require sub-baccalaureate credentials or skills. The lack of coordination in local training systems may limit the ...
Discussion Paper
Automation and the Future of Work
There are numerous reports that highlight potential effects that new technology will have on the U.S. labor market, and many of them are not exactly what you would expect. For example, with the advent of the internet and ubiquity of spreadsheets in the 1980s, analyst employment soared. The new technology unlocked latent demand for more analysis that had been simply too expensive before the new communication and productivity technologies became common. The need for more analysis led to more analysts…even though there were new technologies that made the work more efficient or productive.
Report
Uneven Opportunity: Exploring Employers’ Educational Preferences for Middle-Skills Jobs
This analysis follows research published in 2015 by the Federal Reserve Banks of Philadelphia, Cleveland, and Atlanta on “opportunity occupations,” which are defined as occupations that pay at least the national annual median wage, adjusted for differences in local consumption prices, and that are generally considered accessible to a worker without a four-year college degree (Wardrip et al., 2015). Among the primary findings in the original research is that, in online job advertisements, employers often express a preference for a college-educated candidate even for occupations that have ...
Discussion Paper
Director's Welcome
The new Center for Workforce and Economic Opportunity will focus on employment and labor market issues. Director Stuart Andreason discusses the center's objectives in this post.
Discussion Paper
Then and Now: The Changing Landscape of Education Outcomes and Funding in the 21st Century (Part 3)
This is the final installment of a three-part series which brings together labor market, workforce, occupational, and educational trends since 2000 to tell a story of the American worker through data. Part three looks at wage disparities between workers with and without college degrees, and the rising costs of higher education.The "Then and Now" series explores data broadly and granularly with a demographic lens, recognizing that general trends often are not experienced universally across groups. We identify where opportunities for some workers have improved and where there may be a need for ...
Discussion Paper
Reemploying the Unemployed
From March 14 to 28, roughly 9.9 million people (when seasonally adjusted) filed new claims for unemployment insurance across the country.1 That represents roughly 3 percent of the entire population of the United States actively filing for unemployment insurance in two weeks. In addition, the vast proportion of people who are eligible for unemployment insurance do not make a claim. During “normal” times, the U.S. Bureau of Labor Statistics estimates that 74 percent of unemployed workers do not file a claim, primarily because they think they are not eligible for unemployment insurance.
Discussion Paper
Talent Finance: Exploring the Future of Workforce Partnerships
In 2020, our economy competes on talent. The labor market is dynamic, with in-demand skills constantly changing. A dynamic economy can create opportunities for workers, but it also creates risk. Investing in talent development—or talent finance—is imperative for companies and workers to succeed, but with the evolving nature of our global economy, our old systems of talent finance do not always work. Talent finance refers to the development and use of public and private instruments for investing in talent development and in managing related downside employment and income risks.As early as ...