Community Development and Financial Education Insights from the Federal Reserve Bank
Explore the intersection of community development, workforce issues, and financial education through the lens of the Federal Reserve Bank, focusing on Pittsburgh opportunities, workforce challenges, and the Fed's role in supporting economic growth.
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Presentation Transcript
Community Development & Financial Education Cariss Turner, Education and Museum Outreach Coordinator Federal Reserve Bank of Cleveland, Economic Education Drew Pack, Regional Outreach Manager Pittsburgh Branch, Community Development
Disclaimer These comments for today s event do not necessarily represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System. 2
About the Federal Reserve https://www.federalreserve.gov/aboutthefed/files/ pf_complete.pdf 3
About the Pittsburgh Branch What was . 5
About the Pittsburgh Branch Today 6
How does Community Development fit into the Fed s Work? 7
Workforce & the Federal Reserve Stickiness of lower-wage work and stagnating wages Consistent concerns over skills gaps Workers displaced by the pandemic 8
Workforce & the Federal Reserve Opportunity Occupations: Joining the Workforce - Investing in America's Workforce (investinwork.org) 9
Workforce & the Federal Reserve https://www.philadelphiafed.org/surveys-and-data/community- development-data/occupational-mobility-explorer 12
2021 Policy Summit https://www.clevelandfed.org/newsroom-and- events/events/2021/policy-summit.aspx 13
Drew Pack Regional Outreach Manager Federal Reserve Bank of Cleveland-Pittsburgh Branch Drew.pack@clev.frb.org 14
