Getting People off the Sidelines: The Ultimate Workforce Development Plan

Tom Barkin

Speech from Federal Reserve Bank of Richmond

Abstract: Helping recruit people who have left the workforce into jobs is important for future economic growth. At the same time millions of prime-age people are not working, millions of jobs are going unfilled. The disconnect likely stems from several sources: the attractiveness of available jobs; a mismatch between where people live and where jobs are located; barriers such as poor health or addiction; and incentives to work. Community groups that focus on population health are part of the solution. It’s also important to think carefully about tax and benefits structures. In addition, the tightness of the labor market is motivating some employers to re-examine the jobs they offer.

Keywords: workforce develoment; employment and labor markets (search for similar items in EconPapers)
Date: 2019-11-12
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Persistent link: https://EconPapers.repec.org/RePEc:fip:r00034:101348

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