The Federal Reserve's Community Development function promotes economic growth and financial stability for low- and moderate-income (LMI) communities and individuals through a range of activities including convening stakeholders, conducting and sharing research, and identifying emerging issues. As households and communities contend with limited resources and persistent challenges, Community Development is focusing on the structural barriers to getting people back to work and restoring their financial stability.

Low-income and hard-to-employ individuals represent diverse segments of the population, each requiring unique policy considerations to assist with access to quality jobs. Historically, youth, less-educated, rural, and minority workers have been over-represented among the unemployed and have lower labor force participation rates. The Community Development staff also recognizes the unique challenges faced by hard-to-employ populations such as the disabled, the homeless, and ex-offenders.


Events and Publications

What Are Workers Thinking in 2022?
September 2022

Lowest-Income Workers See Accelerated Earnings Growth During Pandemic
August 2022

Successful Workforce Development Programs: Four Lessons from Four Decades of Federal Reserve Research and Outreach
April 2022

Gender and the Economy Conference
November 2021

Examining the Pandemic's Economic Effects on Women (Consumer & Community Context)
November 2021

Transforming U.S. Workforce Development Policies for the 21st Century (PDF)
February 2021 

Experiences and Perspectives of Young Workers
December 2016

In the Shadow of the Great Recession: Experiences and Perspectives of Young Workers
November 2014

Long-Term Unemployment and Workforce Development
November 2012


Related Information

Investing In America's Workforce
Investing in America's Workforce is a Federal Reserve System initiative in collaboration with the John J. Heldrich Center for Workforce Development at Rutgers University, the Ray Marshall Center of the Lyndon B. Johnson School at the University of Texas, and the W.E. Upjohn Institute for Employment Research.

Federal Reserve Human Capital Compendium
In this repository, the Federal Reserve Bank of Atlanta provides access to research published by the Board of Governors and all 12 Federal Reserve Banks on topics related to employment, unemployment, and workforce development.

Workforce Currents Podcast
The Federal Reserve Bank of Atlanta's staff provides the Workforce Currents series which examines trends in the labor market and workforce development. 

Fed Listens: Transitioning to the Post-Pandemic Economy
Fed Listens: Transitioning to the Post-Pandemic Economy is an event convening representatives from a range of sectors to share their perspectives on how the pandemic has re-shaped the economy and the workforce and what challenges and opportunities exist during the transition to a post-pandemic economy.



Governor Michelle W. Bowman
August 17, 2022
Working Women in the Pandemic Era

November 29, 2021
Engagement, Research and Policy: Integrating Indigenous Voices into Economic Inclusion at the Federal Reserve

Governor Lisa D. Cook
October 6, 2022
Economic Outlook

Governor Lael Brainard
December 13, 2017
Workforce Development in Today's Economy

September 26, 2017
Why Persistent Employment Disparities Matter for the Economy's Health

May 22, 2017
Why Opportunity and Inclusion Matter to America's Economic Strength

Chair Janet L. Yellen
March 28, 2017
Addressing Workforce Development Challenges in Low-Income Communities

Governor Sarah Bloom Raskin
March 22, 2013
Focusing on Low- and Moderate-Income Americans

May 12-14, 2014
Reinventing Older Communities: Bridging Growth & Opportunity

October 15-17, 2014
Transforming U.S. Workforce Development Policies for the 21st Century

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Last Update: October 19, 2022