Speaking in Baltimore
Other than that, the headline says he does not comment on Policy but adds:
- Labor market has very little slack
- Despite prosperous US economy some still struggle
- We have employers who say they can't find the right skills, businesses that say a dearth of workers is affecting their ability to grow, and HR departments that are struggling to fill vacancies
- We have a unique moment in time when we can harness the economic changes happening and ask the challenging questions: How are we making sure our growth and revitalization benefits everyone?
- says that the Philadelphia Fed found close to 150 jobs in the 3rd District had a 95% or higher chance of automating. Those most likely to be impacted are those in the most vulnerable positions in our economy including women, people of color, younger people, and lower skilled workers
- we can make decisions to reinvent our workforce and economic development systems to make sure that more people can benefit from these changes
