The St. Louis Fed’s Andrew Pack discusses the impact of multiple career pathways on improving incomes and creating jobs.
Learn about the need to create systems that better reflect the demands of the global workforce in an age when technology threatens to displace many workers.
St. Louis Fed Community Development Specialist Drew Pack explains that focusing on increasing population density could save many rural communities.
Developing a strong and stable workforce is certainly a national concern, but it is often at the state and local level that issues are addressed on the front lines. In this issue of Bridges, read about successful workforce development programs in the Eighth Federal Reserve District and how they are defined, implemented and measured. Take our poll.
It may be difficult to think about the next recession while we’re dealing with the fallout from current economic problems, but the reality is that recessions happen. They are an inevitable part of the economic cycle. The winter issue of Bridges looks at policies that can help communities weather this recession and prepare for the future. In particular, communities will need to take a regional approach to building a suitable workforce.
Drew Pack, senior community development specialist at the Little Rock Branch of the St. Louis Fed, explains how the labor force participation rate affects communities.