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Keywords:workforce development OR Workforce Development 

Discussion Paper
Results From the Survey of Community College Outcomes Extended Pilot

After three years of developing partnerships with community colleges across the Fifth District, we are proud to release our first-year results from our extended pilot of the Survey of Community College Outcomes.When the Richmond Fed launched this initiative, the most common question we heard from community colleges was, "Why does the Richmond Fed care about community colleges?" The answer is that the Richmond Fed cares about workforce development, and community colleges play a vital role across the Fifth District providing individuals with the skills needed to participate in the workforce.
Regional Matters

Discussion Paper
What Works at Scale? A Framework to Scale Up Workforce Development Programs

Workforce development policymakers have access to a growing catalog of training programs evaluated with rigorous randomized controlled trials. This evidence base identifies programs that work in specific geographic and temporal contexts but may not necessarily work in other contexts or at a scale sufficient to meet regional workforce needs. The author examines a sample of recent randomized controlled trials of workforce development programs and reports to what extent this body of evidence informs policymakers about what works at scale. The author finds that most programs are implemented at a ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2019-01

Speech
The regional economic outlook

Remarks by William C. Dudley, President and Chief Executive Officer, New York, New York.
Speech , Paper 178

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

Speech
Early Childhood Education: Now More Than Ever

College graduates fare better on a variety of outcomes, but many students who enroll in college do not graduate, particularly low-income and minority students. Research shows that preparation is key to college completion, and that preparation begins with early childhood education. There are disparities in access to high-quality early childhood education that track with disparities in college completion. Pandemic-related child care and school closures risk exacerbating the already-large gaps in educational attainment between children from high- and low-income families.Parents are struggling to ...
Speech

Speech
Workforce development and reinvention in the Rochester economy

Remarks before the Rochester Business Alliance, Rochester, New York.
Speech , Paper 177

Discussion Paper
What Works at Scale? A Framework to Scale Up Workforce Development Programs

Workforce development policymakers have access to a growing catalog of training programs evaluated with rigorous randomized controlled trials. This evidence base identifies programs that work in specific geographic and temporal contexts but may not necessarily work in other contexts or at a scale sufficient to meet regional workforce needs. The author examines a sample of recent randomized controlled trials of workforce development programs and reports to what extent this body of evidence informs policymakers about what works at scale. The author finds that most programs are implemented at a ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2019-1

Discussion Paper
Job Training Mismatch and the COVID-19 Recovery: A Cautionary Note from the Great Recession

Displaced workers have been shown to endure persistent losses years beyond their initial job separation events. These losses are especially amplified during recessions. (1) One explanation for greater persistence in downturns relative to booms, is that firms and industries on the margin of structural change permanently shift the types of tasks and occupations demanded after a large negative shock (Aghion et al. (2005)), but these new occupations do not match the stock of human capital held by those currently displaced. In response to COVID-19, firms with products and services that complement ...
Liberty Street Economics , Paper 20200527

‘They’re in Deep Hiding’: Pandemic Hinders Efforts to Reengage Texas’ Disconnected Youth

Education and employment trends suggest that the number of 16–24-year-olds disconnected from both work and school—known as opportunity youth—has grown during the pandemic.
Dallas Fed Communities

How valuable is a short-term credential for a job seeker? It’s complicated

Employer demand for short-term credentials is rising. But the likelihood of such credentials leading to higher wage offers depends on the industry and can change over time.
Dallas Fed Communities

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