Workforce Development News – February 8, 2021

By on February 8, 2021
The Critical Role of Workforce Training in the Labor Market Recovery

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

Subscribe to our blog
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.
Find out more …

How Fast Is The Economy Recovering?

“The unemployment rate is still 2.8 percentage points higher than it was pre-pandemic. And crucially, the recovery isn’t affecting all workers equally.”
https://projects.fivethirtyeight.com/us-economy-coronavirus/

America’s Deeply Unequal Economic Recovery, Explained in 7 Charts

“The pandemic has made employment disparities in America more evident than ever.”
https://www.vox.com/policy-and-politics/22264320/jobs-report-unemployment-rate-inequality

Pandemic Pushes Mothers of Young Children Out of the Labor Force

“Many mothers of kids under five have left the labor force during the COVID-19 pandemic and not returned.”
https://www.minneapolisfed.org/article/2021/pandemic-pushes-mothers-of-young-children-out-of-the-labor-force

Older Workers Accounted for All Net Employment Growth in Past 20 Years

“All that growth—11,879,000, or 101% of the total—was due to increased employment of people age 60 and older.”
https://www.stlouisfed.org/on-the-economy/2021/february/older-workers-accounted-all-net-employment-growth

The Critical Role of Workforce Training in the Labor Market Recovery

“The challenge of long-term unemployment for some workers, coupled with the high likelihood that some industries will see weaker labor demand for some time, requires a workforce development strategy that supports workers who will need to switch industries and occupations.”
https://www.brookings.edu/blog/up-front/2021/02/04/the-critical-role-of-workforce-training-in-the-labor-market-recovery/

January Job Postings Up, Labor Force Participation Down

“COVID paradox: Millions of open positions, record low labor force participation, millions still out of a job.”
https://www.economicmodeling.com/2021/02/05/january-job-postings-up-labor-force-participation-down/

Essential Workers Comprise About Half of All Workers in Low-paid Occupations

“A $15 per hour federal minimum wage would disproportionately benefit the country’s essential workers.”
https://www.brookings.edu/blog/the-avenue/2021/02/05/essential-workers-deserve-minimum-wage-increase/

Dealing with a Downturn: Ways Recession Deepens Household Financial Distress

“People with higher financial distress work in the leisure and hospitality sector. Lower-income Americans are bearing the brunt of the COVID-19 economic crisis.”
https://www.kansascityfed.org/publications/ten/articles/2021/dealing-with-downturn-study-explores-ways-recession-deepens-household-financial-distress

Customer Service Training: 21+ Tips, Activities, and Courses

“The daily reality of customer service can be incredibly complex, dealing not only with all manner of upset customers, but also with continually changing products, external systems, and — often — limited information.”
https://www.helpscout.com/customer-service-training/

How to Help (Without Micromanaging)

“When employees get hands-on managerial support, they perform better than when they’re left to their own devices, but unnecessary or unwanted help can be demoralizing and counterproductive. Three strategies to intervene constructively.”
https://hbr.org/2021/01/how-to-help-without-micromanaging

Aging is an extraordinary process where you become the person you always should have been.” – David Bowie

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

You must be logged in to post a comment Login