Workforce Development News – April 12, 2021

By on April 12, 2021
Divided Nature of the Covid-19 Crisis

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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Federal Reserve Bank of St. Louis Annual Report

“The report features in-depth analyses of the past year’s economic impacts including Crises in Corporate Debt Markets, How Severe Was the Contraction in U.S. Employment?, An Uneven Crisis for Lower-Income Households, State and Local Governments Harness Federal Funding, and International Trade of Essential Goods.”
https://www.stlouisfed.org/annual-report/2020

Nearly Half of U.S. Parents Want More Noncollege Paths

“46% of parents of U.S. children aged 11 to 25 say they would prefer that their child pursue something other than four years of college immediately after high school.”
https://news.gallup.com/poll/344201/nearly-half-parents-noncollege-paths.aspx

3 Possible Futures for Covid-19 in the U.S. — with Hope for a Return to Normal

“The next month could determine who lives to see normalcy come back.”
https://www.vox.com/22369868/covid-19-coronavirus-fourth-surge-wave-vaccines

Are We Really in This Together? The Divided Nature of the Covid-19 Crisis

“While the Covid-19 pandemic has been a huge economic shock, it has hit certain demographic groups even harder in the U.S.”
https://www.stlouisfed.org/on-the-economy/2021/april/divided-nature-covid19-crisis

Designing the Hybrid Office

“From workplace to ‘culture space’.”
https://hbr.org/2021/03/designing-the-hybrid-office

Four Ways Consumer Spending will Change Once More People Are Vaccinated

“Grocers may see the most dramatic and long-lasting shift, as e-commerce becomes a more meaningful part of their business and people eat more meals at home.”
https://www.cnbc.com/2021/04/11/four-ways-consumer-spending-will-change-once-people-are-vaccinated.html

How Households Are Using Stimulus Checks

“There is remarkable stability in how stimulus checks are used over the three rounds, with a slight decline in the share dedicated to consumption and a proportional increase in the share saved.”
https://libertystreeteconomics.newyorkfed.org/2021/04/an-update-on-how-households-are-using-stimulus-checks.html

Potential Economic Gains from Equity

“Systemic inequities that limit the full potential of women and people of color bear real economic costs for every American, suggesting that there are material economic gains from equity.”
https://www.frbsf.org/our-district/about/sf-fed-blog/3-trillion-a-year-potential-economic-gains-from-equity/

A Five-Week Guide to Getting a Job

“As a job seeker, you may feel powerless right now, but this is not entirely true. Yes, your competition has increased, but so have your remote work opportunities.”
https://hbr.org/2021/03/a-five-week-guide-to-getting-a-job

Vaccine Refusal Will Come at a Cost – For All of Us

“People who refuse to get the Covid-19 vaccine will have higher health-care costs. The rest of us will foot the bill.”
https://www.theatlantic.com/politics/archive/2021/04/vaccine-refusal-hesitancy-economic-costs/618528/

It’s a waste of energy to think about what somebody else is doing and how they doing it. I’ma just do what I do.” – DMX

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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