In 2017, the community development departments at each of the 12 Federal Reserve Banks organized regional meetings with nearly 1,000 leaders who work at the intersection of workforce training, recruiting, and finance. They conferred on the status of and challenges that face the nation's workforce development system. Following these meetings, which were held in locations around the country over several months, the community development team at the Federal Reserve Bank of Philadelphia gathered and analyzed the information shared in those meetings, leading to a Report on Workforce Development Needs and Opportunities.

In 2018, the Federal Reserve's community development departments conducted a second series of regional meetings on topics related to broader themes captured in the 2017 report to gain a deeper understanding of workforce development issues. The topics align with community development research interests. The Fed is producing special topic briefs based on the 2018 meetings as well as research and insights collected by community development staff. These briefs will be released and posted below in early 2019.

2017 Report
  Investing in America's Workforce: Report on Workforce Development Needs and Opportunities
This report provides a snapshot of the workforce development
sector and its key challenges. It offers strategies for improving
the human capital of America’s labor force, expanding access
to jobs, and innovating workforce development funding.
  Noelle St.Clair
Federal Reserve Bank of Philadelphia

2019 Special Topic Briefs
  Strengthening Workforce Development in Rural Areas
Rural areas face common workforce challenges such as a
declining share of working-age individuals and greater distances
to major centers of employment. Explore opportunities for rural
investments that seek to address issues around both labor
demand and supply.
  Ashley Bozarth
Whitney M. Strifler
Federal Reserve Bank of Atlanta

Investing in America's Workforce is a Federal Reserve System initiative in collaboration with the John J. Heldrich Center for Workforce Development at Rutgers University, the Ray Marshall Center of the Lyndon B. Johnson School at the University of Texas, and the W.E. Upjohn Institute for Employment Research.

© 2018 Investing in America's Workforce