Office of Minority and Women Inclusion

Established by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Federal Reserve Bank of St. Louis’ Office of Minority and Women Inclusion (OMWI) is responsible for developing standards and procedures to ensure the inclusion of minorities, women, and women-owned and minority-owned business in all activities of the Bank, including procurement and workforce diversity.

The Office of Minority and Women Inclusion is required to report annually to Congress on procurement activities, on recruiting and hiring practices as they relate to minorities and women, and on contracting with qualified minority-owned and women-owned businesses. Section 342 of the Dodd-Frank Act requires the St. Louis Fed to submit to Congress an annual report on its previous year’s OMWI efforts.

Economist and Research Assistant Diversity Data (PDF)

This information shows the racial/ethnic and gender makeup of Ph.D. economists and research assistants at the Federal Reserve Bank of St. Louis (as of Dec. 31, 2023). The Federal Reserve Board and Federal Reserve banks employ economists across a wide range of areas of expertise. Research assistants (RAs) are generally hired directly after undergraduate study and work alongside economists. RAs are usually in their positions for a few years and leave the role well suited to pursue a graduate degree—often in economics.

Learn how the St. Louis Fed Research Division is developing a more robust pipeline—from high school to graduate school—for students to enter and excel in the field of economics.

Employer Information (EEO-1) Report: Workforce Data

Each year, the St. Louis Fed makes the workforce data (EEO-1 data) it provides annually to the Equal Employment Opportunity Commission (EEOC) publicly available. The data is a snapshot of the distribution of Bank personnel for the Eighth District within applicable EEO-1 job categories by race and gender.

A Commitment to Inclusion Internally and Externally

Career Opportunities

The St. Louis Fed is a great place for you to begin a rewarding career that’s filled with possibilities. We’re committed to improving workforce diversity at all levels, because having a diverse staff strengthens both the St. Louis Fed and the communities we serve.

Supplier Diversity Initiative

We seek to do business with a wide, diverse range of responsible suppliers for a variety of goods and services. We encourage the participation of small businesses and minority- and women-owned businesses to compete for procurement contracts.

Financial Education

For decades, the St. Louis Fed has been actively involved in developing and delivering economic and financial education programs to schools and educators throughout the Eighth District and nationwide. Because financial knowledge empowers consumers to make choices that will contribute to their well-being, we make a positive impact on inner-city, girls’ and majority-minority schools.

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