Workforce Development News – May 17, 2021

By on May 17, 2021
Will there be enough good jobs?

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 Cost of Economic and Racial Injustice in Postsecondary Education

“The U.S. economy misses out on $956 billion dollars per year, along with numerous nonmonetary benefits, as a result of postsecondary attainment gaps by economic status and race/ethnicity.”
https://cew.georgetown.edu/cew-reports/publicbenefit/
Full report: https://bit.ly/33zZNL8

Cities with the Most Successful Blue-Collar Workers

The St. Louis MSA ranks number 4 in large Metros with the most successful blue-collar workers, having 32% of the workforce in blue-collar jobs earning an adjusted median wage of $46,615.
https://www.inspectionsupport.net/resources/cities-with-the-most-successful-blue-collar/

Will There Be Enough Good Jobs?

“Technological change has transformed the nature of work, with devastating effects on many in the middle class. Will there be enough good jobs? There needs to be if we want to build an equitable economy.”
https://www.technologyreview.com/2021/04/27/1021768/will-there-be-enough-good-jobs/

The U.S. Labor Market is Running Hot…or Not?

“The official unemployment rate rose slightly to 6.1 percent in April, but with job openings at record levels and wages growing at their pre-pandemic rate, the labor market is giving mixed signals.”
https://www.piie.com/blogs/realtime-economic-issues-watch/us-labor-market-running-hotor-not

St. Louis Fed’s Bullard Discusses a Booming U.S. Economy

“The number of unemployed workers per job opening is approaching an all-time low, suggesting an exceptionally strong labor market.”
https://www.stlouisfed.org/news-releases/2021/05/13/bullard-discusses-a-booming-us-economy

Black Americans Say Coronavirus Has Hit Hard Financially, but Impact Varies by Education Level and Age

“Four-in-ten Black adults live in households that have lost jobs or wages since the start of the coronavirus outbreak.”
https://www.pewresearch.org/fact-tank/2021/05/12/black-americans-say-coronavirus-has-hit-hard-financially-but-impact-varies-by-education-level-age/

Worry About Contracting COVID-19 Hits New Low in U.S.

“30% of Americans are worried about getting COVID-19. 69% think the coronavirus situation in the U.S. is getting better. Strict social distancing at lowest level since pandemic began in U.S.”
https://news.gallup.com/poll/349856/worry-contracting-covid-hits-new-low.aspx

The Hybrid Workplace Probably Won’t Last

“Having some people work from home while their teammates are in the office runs counter to much of what makes organizations tick.”
https://www.bostonglobe.com/2021/05/09/opinion/hybrid-workplace-probably-wont-last/

What Mix of WFH and Office Time Is Right for You?

“How to figure it out for yourself — and convince your boss.”
https://hbr.org/2021/05/what-mix-of-wfh-and-office-time-is-right-for-you

College Graduates in the Year of COVID-19 Experienced a Drop in Employment and Labor Force Participation

“The challenges of a pandemic economy are evident in the labor market outcomes of 2020 college graduates, who have experienced a downturn in employment and labor force participation.”
https://www.pewresearch.org/fact-tank/2021/05/14/college-graduates-in-the-year-of-covid-19-experienced-a-drop-in-employment-labor-force-participation/

What We Should Keep Post-pandemic

“These lessons from the quarantine era made our lives richer, healthier and more meaningful. Here’s what to hold on to after Covid.”
https://www.nbcnews.com/specials/what-we-should-keep-post-pandemic/index.html

If something is wrong, fix it now. But train yourself not to worry, worry fixes nothing.” – Ernest Hemingway

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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