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Keywords:workforce development 

Speech
Remarks at the Economic Press Briefing on the Regional Economy, Federal Reserve Bank of New York, New York City

Remarks at the Economic Press Briefing on the Regional Economy, Federal Reserve Bank of New York, New York City.
Speech , Paper 252

Speech
Welcoming remarks at the Investing in America's Workforce Book Launch Event, Federal Reserve Bank of New York, New York City

Remarks at the Investing in America's Workforce Book Launch Event, Federal Reserve Bank of New York, New York City.
Speech , Paper 300

Speech
Workforce development and reinvention in the Rochester economy

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

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

Speech
The regional economic outlook

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

Speech
Investing in America’s Workforce Book Launch

Business must "start viewing workforce development as an investment, rather than a social service," said Philadelphia Fed President Patrick Harker in his remarks today. He was speaking at the launch of Investing in America's Workforce: Improving Outcomes for Workers and Employers, a book based on Federal Reserve System research.
Speech , Paper 155

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.
Workforce Currents , Paper 2017-01

Discussion Paper
Opportunity Occupations: Well-Paying Jobs for Middle-Skill Workers

Did you know that only 29.7 percent of Americans over the age of 25 have attained a four-year college degree? Given many policymakers' focus on increasing the share of individuals who attain a degree, that may sound like a surprisingly low number. It leaves a large group of American workers who do not have a four-year degree and lack the means or desire to obtain one in the current labor market. In fact, "middle-skill" Americans, defined as those who have obtained their high school diploma but not a four-year college degree, comprise some 57 percent of the country's total population of those ...
Workforce Currents , Paper 2017-02

Discussion Paper
Promising Workforce Development Approaches

On November 9, 2018, at the New York Fed, three expert panels discussed promising approaches to investing in workforce development as part of the launch of the three-volume book Investing in America’s Workforce: Improving Outcomes for Workers and Employers. Read highlights from the discussions below.
Workforce Currents , Paper 2019-02

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 ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2015-2

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