Carl E. Van Horn, Ph. D., Distinguished Professor of Public Policy and Director of John J. Heldrich Center for Workforce Development

Continuing from a post earlier this year about the Federal Reserve System-led IAW initiative, I am pleased to announce the release of Investing in America’s Workforce: Improving Outcomes for Workers and Employers. As co-editor of the publication, I am excited about the release of this three-volume collection that features the knowledge and experience of workforce and community practitioners, and scholars from around the nation. On Friday, November 9, 2018, the New York Federal Reserve Bank will host and co-sponsor the Investing in America’s Workforce Book Launch Event. Over 100 participants will join me to hear 20 national leaders discuss systemic barriers to employment and the strategies and investments that are helping to overcome those barriers.

Jessica Battisto, Senior Analyst, Communications and Outreach

Earlier this year, the New York Fed released the Long Island Credit Profile, the second in a series of reports examining select geographies in depth using the Community Credit framework and indicators. See our previous post detailing the framework for how to interpret the analytics for practice.

Arturo E. Osorio, Ph. D., Assistant Professor of Practice — Entrepreneurship, Management, & Global Business, Rutgers Business School Newark — New Brunswick, and Maria Carmelita Recto, Associate Director, Outreach & Education, Federal Reserve Bank of New York

It is increasingly apparent that inclusive growth is an accelerator in achieving the potential of economic growth. There is statistical evidence that inequality inhibits overall productivity, yet it remains a persistent issue for many communities. While this is a global phenomenon, we don’t need to look far to see anecdotal evidence of a widening disparity in the distribution of the benefits of a growing economy.

Lisa Green Hall, Senior Fellow at the Beeck Center and Case Foundation; Fran Seegull, Executive Director, U.S. Impact Investing Alliance; Chelsea Amelia Cruz, Associate Director, CoDeFi at New York Fed; and Adrian Franco Ph.D., Officer & Director, CoDeFi at New York Fed

The tax bill passed in 2017 includes a provision creating various benefits for investors that move capital gains into designated low-income census tracts, known as Opportunity Zones, through special investment vehicles known as Opportunity Funds.