Search Results
Journal Article
Seventh District Workforce Development Programs That Serve Marginalized and Disadvantaged Populations
In 2011, the Community Development and Policy Studies (CDPS) division of the Federal Reserve Bank of Chicago launched the Industrial Cities Initiative (ICI) to take a close look at 10 former industrial/manufacturing hubs and their economic evolution over the last 50 years.
Speech
Creating a Vibrant, Inclusive Economy: Remarks at the Community College of Rhode Island
First, I want to highlight why I wanted to prioritize speaking at a community college like CCRI; and why community colleges, and all of you engaged with them, are so important to our economy and society. Then, I’ll talk briefly about the range of things we do at the Federal Reserve, to advance our mission. And finally, I’ll share some of the lessons I’ve learned from my own career path, in case my experiences may be helpful to you.
Speech
Unrealized gains: investing in our region's economic and human capital potential
President Patrick T. Harker discusses investing in our region?s economic and human capital potential at Capital for Communities: Pay for Success Financing, a conference hosted by the Philadelphia Fed's Community Development Studies & Education Department.
Journal Article
Workforce 2020: Is It Time for Disruptive Innovation?
Whether framed as a gap, a shortage or a mismatch, skill problems drive discussions around workforce and education policy today. Employers say they are not getting qualified candidates from educational institutions; unions and workforce advocates say that if employers looked harder and offered increased wages and improved benefits, qualified workers could be found. At the same time, community colleges and vocational training centers say that rapid changes in technology make it cost-prohibitive to buy the latest machines and training tools. Aspiring workers say they are unaware of the ...
Speech
An Economic Outlook
Philadelphia Fed President Patrick Harker gave an economic outlook and focused on skills and the workforce to the Jewish Business Network in Philadelphia. Harker said that employers struggle to fill high-skilled jobs, which are less likely to be automated. ?The reality of the tight labor market means that employers have to start thinking creatively and long term about how they?re going to address the gap between the skills they want and need and those available in the labor pool,? he said.
Speech
Investing in America’s Workforce
Philadelphia Fed President Patrick Harker spoke at the Fed?s Investing in America?s Workforce conference in Austin, TX. His presentation covered the findings of a new Fed report on workforce development.
Monograph
All Eyes on Texas: Community colleges focus on preparing the workforce of tomorrow
This report examines how Texas community colleges can fulfill their unique mission through measures including additional funding, greater outreach with business and recognition that many students seek specific skills training.
Journal Article
Learning in the Fast Lane
Dale Phillips, a night-shift maintenance supervisor at BMW's plant in Spartanburg, S.C., is busy balancing a full-time job with online coursework to complete a bachelor's degree in management. He oversees a team of equipment-services associates in the plant's paint shop, whose duties include preventing equipment breakdowns in the conveyors, lifts, pumps, and industrial robots. He says he never envisioned such a career until four years ago, when he started at the plant as an apprentice after spending most of his 20s and 30s as a grocery store manager.
Speech
Healthy Workforce, Healthy Economy
Remarks at Combating Food Insecurity: What’s Working – and What’s Scalable? (delivered via videoconference.