Workforce Development News – October 19, 2020

By on October 19, 2020
Women in the Workplace 2020

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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Women in the Workplace 2020

“One in four women are considering downshifting their careers or leaving the workforce due to Covid-19.”
https://womenintheworkplace.com/
Full report: https://wiw-report.s3.amazonaws.com/Women_in_the_Workplace_2020.pdf
https://www.mckinsey.com/featured-insights/diversity-and-inclusion/women-in-the-workplace

Why Has COVID-19 Been Especially Harmful for Working Women?

“Women are disproportionately represented in low-wage jobs. Our childcare and school systems don’t meet the needs of working mothers. COVID-19 has upended the labor market.”
https://www.brookings.edu/essay/why-has-covid-19-been-especially-harmful-for-working-women/

Buyer Beware | First-Year Earnings and Debt for 37,000 College Majors at 4,400 Institutions

“27% of workers with an associates degree earn more than the median for workers with a bachelor’s degree.”
Article: https://cew.georgetown.edu/cew-reports/CollegeMajorROI/
Press Release: https://1gyhoq479ufd3yna29x7ubjn-wpengine.netdna-ssl.com/wp-content/uploads/GeorgetownCEW_PressRelease_CollegeMajorROI_10-14-20.pdf
Full Report: https://1gyhoq479ufd3yna29x7ubjn-wpengine.netdna-ssl.com/wp-content/uploads/CEW-Buyer-Beware.pdf

How Have Households Used Their Stimulus Payments and How Would They Spend the Next?

“While economic impact payments have been acting as a significant boost to the economy, households spent a relatively small share of these payments and allocated the remaining funds equally between saving and paying down debt.”
https://libertystreeteconomics.newyorkfed.org/2020/10/how-have-households-used-their-stimulus-payments-and-how-would-they-spend-the-next.html

The Third Coronavirus Surge Has Arrived

“This week’s COVID-19 cases and hospitalizations make clear that the U.S. is once again sinking deeper into the pandemic.”
https://www.theatlantic.com/science/archive/2020/10/coronavirus-third-surge/616750/

Are People Overconfident about Avoiding COVID-19?

“Overconfidence is stronger for higher income and younger households.”
https://libertystreeteconomics.newyorkfed.org/2020/10/are-people-overconfident-about-avoiding-covid-19.html

Widening Racial Gap Evident In Jobs Confidence, Economic Optimism

“Recovery for some didn’t mean recovery for others. White Americans are growing more confident in their economic situation, but non-white Americans show increasing anxiety.”
https://www.forbes.com/sites/advisor/2020/10/16/widening-racial-gap-evident-in-jobs-confidence-economic-optimism/

A Well-Trained Workforce Is Manufacturing’s Future

“We need to rethink how we prepare people for the workforce.”
https://www.industryweek.com/talent/education-training/article/21144806/a-welltrained-workforce-is-manufacturings-future

Americans Are Dying In The Pandemic At Rates Far Higher Than In Other Countries

“A new report finds that the number of Americans dying from COVID-19 since early May is on average 50% higher than 18 other high-income countries, adjusting for population size.”
https://www.npr.org/sections/health-shots/2020/10/13/923253681/americans-are-dying-in-the-pandemic-at-rates-far-higher-than-in-other-countries

Winter is Coming: What’s Next in COVID-19 Testing

“Will there be enough flexible testing capacity to respond to global demand and avoid second lockdowns?”
https://www.mckinsey.com/industries/healthcare-systems-and-services/our-insights/winter-is-coming-whats-next-in-covid-19-testing

Every great dream begins with a dreamer.” – Harriet Tubman

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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