Welcome!

News Feed Item

A Solution Series Panel Discussion of the Intersection of Workforce and Economic Development

Thursday, March 27. 8am at Mutual of America, 320 Park Avenue

NEW YORK, March 25, 2014 /PRNewswire-USNewswire/ -- At 8am, Thursday, March 27, 2014, Fedcap's Solution Series is convening a panel discussion to explore the intersection of workforce and economic development at Mutual of America, 320 Park Avenue.

Panelists include: Mark Elliott, President, Economic Mobility Corporation Jacqueline Mallon, Deputy Commissioner, Workforce Development New York City, Small Business Services David Jason Fisher, Senior Fellow, Workforce Development, Center for an Urban Future Melanie Kirk, Senior Vice President, Human Resources, FreshDirect

Increasing local employment is one of the goals of economic development efforts.  Although economic and workforce development are the primary engines of community improvement and growth, they are frequently not aligned. The amalgam of each panelist's experience and point of view will clarify the puzzling and seemingly impossible disconnect.

"In a time of tight budgets and reduced government funding, workforce and economic development have to find innovative ways to collaborate." said Christine McMahon, President and CEO of Fedcap. Ms. McMahon continued, "For employers, a pipeline of trained, job ready workers that match current and future needs is a strategic advantage that lowers training costs, reduces turnover and generates productivity."

Workforce development policy is usually presented by supporters and funders as a way to solve "social problems" that will incur considerable public expenditure if individuals with barriers and long histories of unemployment are unable to find sustainable jobs.

Economic developers, on the other hand, are attracting or retaining particular businesses or positioning cities, regions or states as attractive destinations for entire business sectors.  Incentives such as financial incentives or tax exemptions are common.  From their perspective, the fewer the requirements, including job training or hiring mandates, the more likely they will succeed. 

Since 2008, NYC has gained 237,000 jobs. Low wage jobs have increased dramatically.  Five years ago 31% of New Yorkers earned less than $28,000 a year. During the same five years of significant economic development, the number has risen to 35%.

Last month, in his preliminary budget address, Mayor DeBlasio promised to increase the number of middle class jobs through job training, education, and affordable housing.

The Mayor's approach is sector based development – the targeted development of workers for specific jobs and industries through education. It is fast becoming the main point of intersection between workforce and economic development. 

In spite of what may seem impossible, the panel will discuss concrete examples where integration has created an economic "win-win" for both employers and employees.  Some are looking to the new administration's promise to address "income inequality" as a platform to create a new dialogue to promote an intersection that will benefit all.

The Solution Series, a project of Fedcap's Community Impact Institute, convenes high level dialogues that focus sharply on the barriers to economic independence and self-sufficiency. 

Fedcap, www.fedcap.org creates opportunities for people with barriers to move toward economic independence as valued and contributing members of society.

Contact: Mary Daly, 917-710-7623

SOURCE Fedcap

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 C...
When applications are hosted on servers, they produce immense quantities of logging data. Quality engineers should verify that apps are producing log data that is existent, correct, consumable, and complete. Otherwise, apps in production are not easily monitored, have issues that are difficult to detect, and cannot be corrected quickly. Tom Chavez presents the four steps that quality engineers should include in every test plan for apps that produce log output or other machine data. Learn the ste...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Enterprises are universally struggling to understand where the new tools and methodologies of DevOps fit into their organizations, and are universally making the same mistakes. These mistakes are not unavoidable, and in fact, avoiding them gifts an organization with sustained competitive advantage, just like it did for Japanese Manufacturing Post WWII.
When building large, cloud-based applications that operate at a high scale, it's important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. "Fly two mistakes high" is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Le...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
Machine learning provides predictive models which a business can apply in countless ways to better understand its customers and operations. Since machine learning was first developed with flat, tabular data in mind, it is still not widely understood: when does it make sense to use graph databases and machine learning in combination? This talk tackles the question from two ends: classifying predictive analytics methods and assessing graph database attributes. It also examines the ongoing lifecycl...
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Digital transformation has increased the pace of business creating a productivity divide between the technology haves and have nots. Managing financial information on spreadsheets and piecing together insight from numerous disconnected systems is no longer an option. Rapid market changes and aggressive competition are motivating business leaders to reevaluate legacy technology investments in search of modern technologies to achieve greater agility, reduced costs and organizational efficiencies. ...