WorkingNation: Collaborative Funding Initiatives Are Creating New Workforce Pathways

June 11, 2021

By Laura Aka 

Excerpted from WorkingNation

You’ve heard the phrase, “We can’t do it alone.” As we examine ways in which people are being connected to workforce development programs that lead to good jobs and careers, we’re seeing that those words are taking on new importance, especially when it comes to funding that training.

Workforce Realigned: How New Partnerships Are Advancing Economic Mobility—a new book from Social Finance, a nonprofit organization that mobilizes capital to drive social progress, along with the Federal Reserve Banks of Atlanta and Philadelphia—explores how cross-sector partnerships are shifting the way funding is structured in an effort to address changing workforce issues.

“We must create more aligned incentives for programs to ensure that those who are powering our economy are able to share in its growth. In doing so, we can lay the foundation for a more adaptive system ready to meet the continually changing future of work,” according to the book.

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Photo: A student at the Texas State Technical College. Credit: Texas State Technical College.