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Nov 17, 2022

Skills-based Approaches for Finding Talent and Diversifying the Workforce: Six Lessons from Employers

Two-thirds of US workers don’t have at least a bachelor’s degree. This Workforce Currents article highlights ways employers focus on skills over traditional degrees and credentials in job descriptions, recruiting, and retention practices, and what they have learned.

Sep 28, 2022

Discontent, Occupational Change, and the Roles Workers Are Leaving amid the Great Resignation

When workers quit, what jobs are they leaving? Are they switching from one occupation to another at a faster pace than before the pandemic? Read Workforce Currents article for a dive into Census Bureau data to look for patterns.

Aug 30, 2022

CLIFF Dashboard Evaluations: Insights from Three State Pilots

The Atlanta Fed’s Career Ladder Identifier and Financial Forecaster (CLIFF) tools provide information about how public benefits change with income gains. This Partners Update article discusses three state pilot evaluations of one of the tools, the CLIFF Dashboard.

Jul 29, 2022

CDFIs Expand Access to Workforce Development Training

The workforce development sector needs new ways to finance education and training at every level. Community development financial institutions (CDFIs) can play an important role. This Partners Update article summarizes a recent paper that explores partnerships with CDFIs in the workforce development system.

Jul 14, 2022

Household Financial Well-Being in the Southeast

A healthy economy is one that offers economic mobility and resilience to everyone. Read Partners Update for a discussion of two webinars in the Atlanta Fed’s Inclusive and Resilient Recovery series that looked at the financial health of households.

Jun 02, 2022

Women's Experience in the Labor Market: Pandemic Reflections

The labor market has largely recovered from the unprecedented rates of unemployment the pandemic caused. But the data under the topline numbers tell a story about significant changes in the attachment of women, especially women of color, to the labor force. To learn more, read Workforce Currents.

May 26, 2022

Initiative Focuses on Economic Inclusion

The Southern Cities Economic Inclusion Initiative will explore ways to make cities more vital and prosperous for all residents, regardless of race, ethnicity, and geography. Partners Update discusses the initiative and the Atlanta Fed's role in it.

Feb 17, 2022

Constraints to an Inclusive Recovery: Highlights from an Atlanta Fed Report

Our Community and Economic Development team continues to monitor how COVID-19 is affecting both communities and organizations that serve low- and moderate-income households and communities of color in the Southeast. Explore the group’s recent findings on this topic in Partners Update.

Nov 09, 2021

The Great Resignation and Long-Term Unemployment - November 9, 2021

The Atlanta Fed and AARP examined current labor market issues and potential solutions for increasing labor market participation in this virtual event.

Oct 06, 2021

Emerging Themes from Workforce Development Month 2021

Workforce Development Month, celebrated each September, focuses on what workers need to be successful in an evolving economy. This Workforce Currents article chronicles takeaways from a Twitter chat that focused on how lawmakers, researchers, and practitioners can #InvestInWork.

Aug 24, 2021

Policy Rules Database: Visualizing the US Social Safety Net

The Atlanta Fed and the National Center for Children in Poverty have developed the Policy Rules Database to provide clarity on the complexity of the US social safety net. Partners Update provides an overview of the database and visualization tool.

Aug 05, 2021

The Importance of Addressing Long-Term Unemployment for Economic Recovery

Up to 4 million workers remain among the long-term unemployed even as jobs are being added and the unemployment rate falls. Read this Workforce Currents article for a discussion of long-term unemployment and the policies that could help people get good jobs.

May 25, 2021

Rework Community Insights Monitor

The Rework Community Insights Monitor provides a metro-level view on good jobs and training within local labor markets. The tool shows the most prevalent industries and occupations, how many of these jobs are accessible to workers without a bachelor's degree, and more.

Mar 25, 2021

Inclusive and Resilient Recovery: Small Businesses of Color: Toward an Inclusive and Resilient Recovery - March 25, 2021

Atlanta Fed and Kansas City Fed Community and Economic Development staff summarized findings from the Small Businesses of Color Recovery Guide. Guest speakers discussed their experiences as entrepreneurs or funders of small businesses of color.

Mar 24, 2021

Tackling an Inclusive and Resilient Recovery in the Southeast

The Atlanta Fed’s Community and Economic Development engagement team launched the Inclusive and Resilient Recovery initiative to support strategies for a more inclusive and resilient economic recovery. Partners Update reflects on the ongoing webinar series and the goals of this initiative.

Jan 14, 2021

Inclusive and Resilient Recovery: Supporting Small Businesses for an Inclusive and Resilient Recovery - January 14, 2021

Speakers from organizations that support small businesses and entrepreneurship discussed the challenges these businesses are facing during the pandemic. For instance, many small businesses of color were unable to tap government programs like the Paycheck Protection Program because they lacked an existing relationship with a bank. Atlanta Fed president Raphael Bostic moderated the discussion.

Dec 30, 2020

Tackling Racial Equity through Community Development

Focusing on the role structural racism plays in our economy and society, the Federal Reserve Banks of Atlanta, Boston, and Minneapolis launched the Racism and the Economy series. Partners Update reflects on emerging lessons from the series and what it means to use data and expertise to inform policymakers.

Dec 23, 2020

Utilizing Opportunity Occupations Data for Recovery

Millions of lower-wage American workers have lost their jobs in the economic crisis caused by the COVID-19 pandemic. Helping these workers find new job opportunities requires innovative workforce development programs that connect them to employment that can use their existing skills without requiring additional education. Workforce Currents examines how these opportunity occupations create a pathway for displaced workers to quickly transition into better, higher-paying jobs.

Nov 20, 2020

Toward an Inclusive Recovery

The COVID-19 recession and public health crisis have hit low-income people the hardest and magnified existing structural inequities. Workforce Currents contends that timely, accurate public data on who is being included in the recovery must be a foundation of national skills policies.

Nov 18, 2020

How Diverse Perspectives Improve Economics

Atlanta Fed president Raphael Bostic gave the keynote address during the second installment of the Race and Economics series hosted by Mary Suiter, St. Louis Fed assistant vice president and economic education officer, served as moderator. President Bostic's presentation was followed by a panel discussion featuring economists whose expertise will provide students, teachers, and professors with insights into the importance of having economists with diverse perspectives studying the important issues of the day.

Nov 13, 2020

Can Community Colleges Step Up as Engines of Economic Recovery?

Businesses in an array of industries have accelerated their reliance on automation in the wake of the COVID-19 economic crisis, leaving millions of U.S. workers in need of new skills to meet the demands of the changing labor market. Workforce Currents examines what it would take for community colleges to emerge as the nation’s premier providers of workforce training and education.

Oct 22, 2020

Inclusive and Resilient Recovery: Virtual Roundtable on Inclusive and Equitable Community Development Recovery Strategies for Practitioners - October 22, 2020

In the webinar, Atlanta Fed staff discussed their research and demonstrated the Bank's housing-related data tools. City officials from Birmingham and New Orleans spoke about local programs created in response to the COVID-19 recession and how they are working toward an inclusive and equitable recovery in their communities.

Oct 21, 2020

DAVID Tool Launches to Help Alabama Workers Achieve Self-Sufficiency

The State of Alabama and the Atlanta Fed have launched DAVID, a tool designed to help Alabamians achieve rewarding careers. The tool will help people recognize which career paths will help them become self-sufficient.

Oct 08, 2020

Empowering Workers to Recover Stronger

Atlanta Fed president Raphael Bostic discussed the new Rework America Alliance with Zoe Baird, president and CEO of the Markle Foundation, and Marc Morial, president and CEO of the National Urban League. During the conversation, they shared new insights into how the pandemic is affecting our workforce and the disproportionate effect this crisis is having on people of color and those without a formal postsecondary education. Watch the video.

Sep 18, 2020

The Racial Income Gap and Benefits Cliffs

Income gaps along racial lines are the result of long-standing structurally discriminatory policies across U.S. institutions. Although laws have changed, the legacy of these policies still affects people today. Partners Update examines how benefits cliffs differentially affect minority populations.

Jul 08, 2020

Public Libraries and the Workforce

Libraries are vital institutions in our society, offering numerous services beyond lending books. Workforce Currents explores how public libraries are supporting job seekers during the pandemic.

Jun 04, 2020

Dollars and Sense: Affordability of Childcare

For many working families with young children, childcare is essential to maintain employment. Childcare prepares children for kindergarten and future learning and success. Partners Update examines childcare during the economic downturn, including its costs.

Apr 02, 2020

Reemploying the Unemployed

Millions of U.S. workers have lost their jobs and filed for unemployment insurance due to COVID-19. Workforce Currents discusses some workforce development programs that could help unemployed workers train for reemployment.

Mar 31, 2020

Benefits Cliffs as a Barrier to Career Advancement for Low-Income Adults: Insights from Employment Services Providers

How do counselors explain benefits cliffs to clients who want to advance in their careers? The authors conducted focus groups with employment service providers to address this question.

Jan 31, 2020

Benefits Cliffs and the Financial Incentives for Career Advancement: A Case Study of the Health Care Services Career Pathway

What are the financial trade-offs a single parent faces when moving up the career ladder? The authors develop a new methodology to study the impact of benefits cliffs on the financial incentives to advance in a career.

Jan 16, 2020

Do Higher Wages Mean Higher Standards of Living?

We're accustomed to thinking that higher wages bring improved living standards, but that's not always true. A new macroblog post examines why increased wages sometimes heighten the economic challenges for low-income families.

Oct 02, 2019

Pathways and Barriers to Economic Mobility

Maximum Employment Matters examines career pathway programs for workers and students. It also discusses why some low-wage workers may be reluctant to train for career advancement and face the so-called benefits cliff.

Sep 26, 2019

Disconnected Communities

A recent Kansas City Fed report discusses the digital divide, the gap between those with and without access to affordable, reliable broadband. Read Partners Update to learn about the findings.

Jul 09, 2019

One Region. Many Economies.

The Atlanta Fed's special report picks up where our 2018 annual report left off, focusing on workforce development: why it concerns the Fed and how it matters to everyone.

Jun 21, 2019

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

The author examines a sample of recent randomized controlled trials of workforce development programs and discusses how this body of evidence could inform policymakers about what works at scale.

Jun 21, 2019

Scaling Up Workforce Development Programs

Partners Update previews a discussion paper that provides workforce development policymakers with a two-step method to incorporate evidence-based programs at scale.

Feb 15, 2019

Workforce Development: Driving Economic Mobility and Resilience

Atlanta Fed president and CEO Raphael Bostic, at the Public Affairs Research Council of Alabama annual meeting in Birmingham, discusses why effective workforce development is essential to economic mobility and resilience.

Nov 16, 2018

Credit Where Credit Is Due: Southeastern Small Businesses' Borrowing Patterns

U.S. small businesses are important economic drivers, employing nearly half of non-self-employed workers, and financing is crucial to many firms' success. Partners Update compares southeastern small firms' performance and borrowing patterns with firms across the country.

Oct 22, 2018

"A Kid Should Have a Fair Shot": A Discussion of Economic Mobility

Economic mobility is a cornerstone of the American dream. In this special episode of the Economy Matters podcast, Atlanta Fed president Raphael Bostic talks with Harvard University economist Raj Chetty about Chetty's heralded research into economic mobility. podcast

Jul 19, 2018

Regional Contacts Cite Difficulty in Finding Skilled Labor

Atlanta Fed business contacts report challenges in recruiting skilled workers. Read more highlights from the Beige Book's report on the southeastern economy in Economy Matters.

Apr 18, 2018

Beige Book: Good Times for Truck Drivers

The transportation sector reported that, to retain employees, they were offering drivers bonuses and wage increases. Economy Matters highlights the Beige Book report of economic conditions in the Southeast.

Apr 12, 2018

Seeing the Workforce through the Lens of Economics

For economists, examining the job market is like looking through a kaleidoscope: many perspectives are available. In this Economy Matters story, Atlanta Fed economist John Robertson discusses some of the ways he views the labor market and some of the tools he has helped develop to improve that view.

Mar 22, 2018

How Do Firms Respond to Hiring Difficulties?

Two-thirds of firms polled in the Fed's 2017 Small Business Credit Survey have had trouble hiring over the past year. A new discussion paper investigates how firms use compensation, training, and job restructuring to respond.

Feb 01, 2018

Atlanta Fed Center Targets Workforce Development, Opportunity

The Atlanta Fed's new Center for Workforce Employment and Opportunity aims to confront labor market disparities. Economy Matters examines how the center will perform its work and connect with community development.

Sep 20, 2017

Opportunity Occupations Monitor

The Opportunity Occupations Monitor displays opportunity occupations and their prevalence across labor markets. The map below highlights varying proportions of opportunity occupations across states and metro areas between 2012 and 2017.

May 26, 2017

Achieving maximum employment is part of the Federal Reserve's mandate from Congress. This infographic highlights the goal of maximum employment and provides visual clues for labor market measures and terminology.

Apr 13, 2017

Where Will Opportunity Knock? A Discussion of Opportunity Occupations

In an era when education's importance in the employment sector has steadily increased, what role do well-paying jobs that don't require a college degree play? An episode of the Economy Matters podcast talks to some Atlanta Fed experts. podcast

Sep 03, 2014

"Why Develop Human Capital?" will help your students see clearly the strong connection between their education level and their earning potential.