From the Federal Reserve System:
Capturing the full picture of the labor market means looking beyond the numbers to consider the experience of everyday workers and job seekers. Worker Voices provides a unique view into how job seekers and workers in lower-wage roles navigated the labor market at the onset of the COVID-19 pandemic and through recovery—and how it changed what they expect from a job. Learning about these workers’ first-hand experiences can provide depth and breadth to our collective understanding of economic conditions and labor market dynamics.
The Federal Reserve System’s community development teams worked to compile insights from workers’ first-hand experiences and provide key takeaways. Here is a summary:
- The tight labor market has not benefited all workers equally.
- Workers expressed enhanced expectations of job quality.
- Many workers are reinventing themselves through skill development and self-investment to change their economic opportunities.
Click here to review the report.
ABOUT THE MAX RESOURCE LIBRARY
The MAX Resource Library is a central clearinghouse for reports, studies, data tools, websites, online portals, and other sources of information related to workforce development to keep workforce partners informed. From data on workforce trends and barriers to the latest on the skills gap and economic mobility, a wealth of information is at your fingertips through this clearinghouse. Resources can be added to the MAX Resource Library through the recommendation of MAX members. The MAX Data Council oversees and informs the ongoing development of the MAX Resource Library.