Will Employers Cast a Wider Net?

Tom Barkin

Speech from Federal Reserve Bank of Richmond

Abstract: An economic recovery has the potential to define the labor market for years. It can shut workers out, leaving them on the sidelines while the labor market heals without them, or it can bring them in, ultimately boosting long-term economic growth. Following the Great Recession, we saw the great majority of jobs go to college graduates. College graduates made up less than 40 percent of the workforce between 2010 and 2016, but as many as 8.4 million jobs of the 11.6 million jobs created during that time went to those with a college degree.1

Keywords: employment and labor markets; workforce development (search for similar items in EconPapers)
Date: 2021-09-02
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