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.
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.
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 ...
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.
Introducing the Unemployment Claims Monitor
The COVID-19 pandemic has caused an unparalleled economic slowdown and record numbers of layoffs. Even casual economic observers have seen reports of millions of workers filing claims for unemployment insurance—between the weeks of March 21, 2020 and April 25, 2020, 19 percent of workers covered by unemployment insurance filed an initial claim—but what exactly does this mean for unemployment?1 It is important to understand exactly what an unemployment insurance (UI) claim represents and how it provides information on what is happening in the economy.
Opportunity Occupations and the Future of Work
From 19th-century workers smashing textile factory machines to John Maynard Keynes's musing on technological unemployment, worries and passions about machines replacing workers are hundreds of years old. More recently, robots and computers (through artificial intelligence) are replacing a growing number of human skills, and this has become an important topic of conversation in public policy. It is also increasingly on the minds of workers and students making decisions about their investments in skills and career preparation.
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.
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.
Career Pathways in a Changing Labor Market
Recently, labor economists, workforce development policy analysts, and workforce development practitioners gathered at the Federal Reserve Bank of Atlanta to examine the effects of automation and shifting labor demands on the future of work. Presenters included Dan Restuccia of Burning Glass Technologies, Sara Lamback of Jobs for the Future, Daniel Kreisman of Georgia State University, Chad Shearer of the Brookings Institution, Susan Lund of McKinsey Global Institute, and Nancey Green Leigh and Ben Kraft of Georgia Institute of Technology. The researchers collected data from job postings, ...
Opportunity Occupations in the Southeast
Opportunity occupations—or opportunity employment—are jobs that do not require a bachelor’s degree and pay above a regionally adjusted median wage. This article takes a look at trends in the Southeast. For a deeper look at trends in opportunity occupations, see also "Opportunity Occupations Revisited: Exploring Employment for Sub-Baccalaureate Workers Across Metro Areas and Over Time."