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Workforce Development
Recent Articles
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Skills Are Bridges Not Gaps: A Skills-Based Approach for Transitioning Workers to Higher-Paying Occupations
Skills-based hiring practices—those that prioritize skills necessary to succeed in a role over formal educational credentials—show potential for securing higher positions for lower-wage workers and helping employers get the workers they need. Read More
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Opportunity Occupations: A Way Ahead for People without a College Degree
People with bachelor’s degrees typically earn better wages and experience higher employment rates than workers who do not. Yet, more than two-thirds of US adults currently do not have a college degree. Since 2015, the Cleveland Fed, in partnership with Atlanta and Philadelphia Feds, has been exploring these trends by identifying occupations that pay above the national annual median wage and are generally accessible to those without a four-year college degree. Read More
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Manufacturing under Pressure
The headwinds are fierce, but manufacturing is humming in the heartland. This three-part series explores the booms and busts; the opportunities available for workers, including those without four-year degrees; and the ways that people, companies, and communities are responding—and can respond—to changes and challenges. Read more
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Understanding the Disconnect between Economic Development and Workforce Development Systems
The economic development field encourages business and job growth, while workforce development ensures individuals have the education, skills, and training needed to obtain jobs. This report provides perspectives on alignment as well as challenges and opportunities for greater alignment between the two systems, using stakeholder input from the Federal Reserve Bank of Cleveland’s Fourth District. Read More
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Making Change: Addressing Skills-training and Employment Needs for Returning Citizens
Finding a quality job is important for both formerly incarcerated individuals and the communities in which they live. One Cleveland-area program is helping, but the need for additional support for this vulnerable population is great. Read More