The Social Finance Institute, Workforce & Economic Mobility, , Workforce Realigned
Key Takeaway
“The context of the labor market is enormously important to informing how successful worker investment programs will be. As the labor market tightened before the pandemic hit, businesses said that they couldn’t find workers. So they started investing in workforce training. They said, ‘You know what? I don’t need to hold a drug test for this certain type of job anymore.’ They themselves started reducing the barriers to bringing more workers into the labor market.”—Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis
In this Workforce Realigned podcast episode, Raphael Bostic, President and CEO of the Federal Reserve Bank of Atlanta, and Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, discuss the need to strengthen the workforce development infrastructure in order to get better outcomes for workers and a stronger economy.
Listen to the Episode
If we’re going to see success happen, there’s got to be tremendous coordination between employers, community colleges, the training delivery infrastructure, and the community.
Raphael Bostic
President and CEO, Federal Reserve Bank of Atlanta
The Workforce Realigned podcast offers innovative ideas about how to reboot economic mobility in America. It is part of a larger book, event, and action group series called Workforce Realigned, presented by Social Finance and the Federal Reserve Banks of Atlanta and Philadelphia.
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