Workforce Development News – February 17, 2021

By on February 17, 2021
Virtual Learning Is Not Child’s Play for K–12 Students

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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Fed Chair Powell, Citing Bleak Jobs Picture, Says Policy Will Need to Stay “Patiently Accommodative”

“The employment picture is ‘a long way’ from where it needs to be. The headline unemployment rate has ‘dramatically understated’ the true damage, including the biggest 12-month drop in labor force participation since at least 1948. Powell noted that the actual unemployment rate is probably closer to 10% and said the Fed needs to stay focused on its ‘broad and inclusive’ employment goal.”
https://www.cnbc.com/2021/02/10/fed-chair-powell-citing-bleak-jobs-picture-says-policy-will-need-to-stay-patiently-accommodative.html

Virtual Learning Is Not Child’s Play for K–12 Students

“Technology gaps make learning harder for students in lower-income households.”
https://medium.com/georgetown-cew/virtual-learning-is-not-childs-play-for-k-12-students-c8daee32db55

Occupational Mobility Explorer

“See which occupations require similar skills and represent at least a 10% increase in wages. Compare the 25 most in-demand skills for any pair of occupations in a metro. View, sort, and download data for pairs of occupations considered most similar.”
https://www.philadelphiafed.org/surveys-and-data/community-development-data/occupational-mobility-explorer

Who Has Died from COVID-19 in the U.S.?

“Death at this scale is difficult to comprehend, or visualize. While Covid-19 spared no group, it impacted certain populations more than others. And the pandemic isn’t over.”
https://www.vox.com/22252693/covid-19-deaths-us-who-died

Unemployment Insurance, Job Search, and Spending During the Pandemic

“Jobless benefits and supplemental UI payments played an important role in maintaining household spending and wider macroeconomic stability. There is little evidence that elevated unemployment insurance benefits discouraged people from returning to work.”
Research brief: https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/institute/pdf/Institute-UI-Research-Brief-ADA.pdf
Full paper: https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/institute/pdf/Spending-and-Job-Search-Impacts-from-Expanded-Unemployment-Benefits.pdf

Living Wage Calculator for Missouri

“The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family.”
https://livingwage.mit.edu/states/29

The Brookings Middle Class Monitor

“How is the middle class faring? The Brookings Middle Class Monitor answers this question with 12 metrics from the five key domains for a good quality of life: Money, Time, Relationships, Health, and Respect.”
https://www.brookings.edu/interactives/the-middle-class-monitor/

The St. Louis Fed’s Institute for Economic Equity: Pursuing an Economy That Works for Everyone

“The Institute for Economic Equity has been launched to support an economy in which everyone can benefit regardless of race, ethnicity, gender, or where they live.”
https://www.stlouisfed.org/on-the-economy/2021/february/institute-economic-equity-economy-works-everyone

Missouri Workforce 2020 Employer Survey Report

“The largest barrier to expanding employment continues to be a shortage of workers with knowledge and skills. The greatest shortages are found in Skilled Trades and Patient Care.”
https://meric.mo.gov/media/pdf/missouri-workforce-2020-employer-survey-report

Explaining the Economic Impact of COVID-19: Core Industries and the Hispanic Workforce

“COVID-19 recession’s economic geography is uniquely impacted by the pandemic’s effect on a city’s primary industry. Overlaying geography with race reveals another under-appreciated impact of this recession: an increase in the economic hardship faced by Hispanic or Latino communities.”
https://www.brookings.edu/research/explaining-the-economic-impact-of-covid-19-core-industries-and-the-hispanic-workforce/

The 2021 State of Remote Work

“2020 changed the course of remote work and we will continue to see the effects in 2021 and beyond.”
https://buffer.com/2021-state-of-remote-work

Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish.” – John Quincy Adams

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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