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Workforce Development News – May 18, 2020

By on May 18, 2020
Top Concerns About Reopening

A weekly collection of articles on workforce development, employment and training, business performance improvement, leadership, higher education, and the economy.

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The Workforce Solutions Group of St. Louis Community College leverages education for growth in the knowledge economy by offering programs and services designed to advance people, businesses and communities. We are located at the Corporate College, a state of the art facility solely dedicated to corporate education and professional development.
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The Industries Hit Hardest By The Unemployment Crisis

“This recession is unusual in just how many people are out of work — and how wide-ranging the unemployment has already been.”
https://fivethirtyeight.com/features/the-industries-hit-hardest-by-the-unemployment-crisis/

Here’s How Much Congress Has Approved For Coronavirus Relief So Far And What It’s For

“Congress has authorized roughly $3 trillion in coronavirus relief in four separate measures over the last two months. These bills attempt to protect the American economy from long-term harm caused by stay-at-home orders and respond to the overall impact of the virus.”
https://www.npr.org/2020/05/15/854774681/congress-has-approved-3-trillion-for-coronavirus-relief-so-far-heres-a-breakdown

The Characteristics of Good Jobs for Low-Income Workers

“Beyond level of pay, low-income workers differ most notably from higher-income workers in their access to employee benefits as well as stable and predictable hours and pay. They spend most of their time on physical or repetitive tasks and little time on creative work. Low-income workers are also disproportionately likely to be young, unmarried, black or hispanic, and employed by small businesses.”
https://www.gallup.com/education/309911/characteristics-good-jobs-low-income-workers.aspx

Reopening the U.S. Economy an Industry at a Time

“If we did, which industries should we reopen first? Which should we reopen last?”
https://www.stlouisfed.org/on-the-economy/2020/may/reopening-us-economy-industry-time

Develop Agility That Outlasts the Pandemic

“Three tips to avoid going back to your old bureaucratic ways.”
https://hbr.org/2020/05/develop-agility-that-outlasts-the-pandemic

U.S. Firms Foresee Intensifying Coronavirus Impact

“The year-ahead sales growth expectations have only grown bleaker and more uncertain.”
https://www.frbatlanta.org/blogs/macroblog/2020/05/04/us-firms-foresee-intensifying-coronavirus-impact

In The Midwest, Reopening Looks Different State By State, Even City By City

“To many business owners and customers, this patchwork feels arbitrary and unscientific.”
https://www.npr.org/2020/05/15/857104924/businesses-in-the-midwest-are-struggling-to-reopen-safely-with-varying-guideline

Majority of Americans Who Lost A Job or Wages Due to COVID-19 Concerned States Will Reopen Too Quickly

“Americans who have felt the economic impact of the coronavirus personally are more likely than those who have not to say restrictions in their area need to increase.”
https://www.pewresearch.org/fact-tank/2020/05/15/majority-of-americans-who-lost-a-job-or-wages-due-to-covid-19-concerned-states-will-reopen-too-quickly/

Small-Biz Survey Reveals Top Concerns About Reopening

“While many small-business owners say they are quickly running out of money, their main concern about reopening is employee safety.”
https://www.inc.com/emily-canal/coronavirus-pandemic-business-survey-results-reopening-economy.html

Why COVID-19’s Impact on The Job Market Is Far Worse for Older Workers

“There is no skating around the ugliness of it all.”
https://www.marketwatch.com/story/why-covid-19s-impact-on-the-job-market-is-far-worse-for-older-workers-2020-05-05

“Act as if what you do makes a difference. It does.” – William James

About Richard Schumacher

Richard Schumacher is the technology manager for the Workforce Solutions Group of St. Louis Community College. He connects, designs, and applies technology to meet business user needs with eLearning, training, web content, instructional design, IT system, and performance improvement solutions. Richard has held various Microsoft Certifications since 1993. Learn more about Richard by following him: LinkedIn - Twitter - Articles - Email

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