Appendix A: Reserve Bank Community Development-Related Activities and Next Steps

Outlined below are key activities the Community Development offices of the Federal Reserve Banks have engaged in during 2012 in response to long-term unemployment and workforce development issues. This does not represent a comprehensive list of all Reserve Bank Community Development unemployment and workforce development activities in 2012.

Federal Reserve Bank of Atlanta

Events

• September 19-20, 2012: The Future of Workforce Development Conference (This conference was co-hosted by the Federal Reserve Bank of Kansas City.) (www.kansascityfed.org/community/conferences/workforce/index.cfm  )

Research

• The FRB Atlanta's Center for Human Capital Studies webpage features the Human Capital Compendium, which provides access to research published since 2008 by the Board of Governors and all 12 Federal Reserve Banks on topics related to employment, unemployment, and workforce development. (www.frbatlanta.org/chcs/compendium/?d=1&s=ad  )
• FRB Atlanta established a series of podcast interviews which feature economic development experts sharing their important perspectives on a number of regional and national economic development strategies. (www.frbatlanta.org/podcasts/economicdevelopment/  )
• In the first quarter of 2012, FRB Atlanta contributed to the Econ South publication with "Who Is the Most Unemployed? Factors Affecting Joblessness." (www.frbatlanta.org/documents/pubs/econsouth/12q1_employment_recession.pdf  )
• In May 2012, FRB Atlanta conducted surveys and interviews to explore the formal and informal labor force participation of low-educational attainment and low-wage individuals. (www.frbatlanta.org/pubs/partnersupdate/12no4_labor_force.cfm  )

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Federal Reserve Bank of Boston

Events

• May 9-11, 2012: Reinventing Older Cities: Building Resilient Cities (This conference was co-hosted by the Federal Reserve Banks of Boston, Chicago, Cleveland, New York, Philadelphia, Richmond, and St. Louis). The conference included a track on workforce development. (www.philadelphiafed.org/community-development/events/2012/reinventing-older-communities/  )

Research

• FRB Boston is currently developing the Transforming Smaller Industrial Cities award in collaboration with Living Cities. FRB Boston will pilot a multi-year initiative beginning this year with smaller cities in Massachusetts. The goal is an ongoing "system change" and process whereby all smaller cities are better able to take advantage of their physical and human capital assets.

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Federal Reserve Bank of Chicago

Events

• May 9-11, 2012: Reinventing Older Cities: Building Resilient Cities

Research

• In 2012, FRB Chicago continued the Industrial Cities Initiative (ICI) to develop comprehensive community profiles of Midwestern industrial cities. They released the Working Paper and held the Symposium. The ICI community profiles are due to be completed in late 2012. (www.chicagofed.org/webpages/events/2012/ici_symposium.cfm  )

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Federal Reserve Bank of Cleveland

Events

• May 9-11, 2012: Reinventing Older Cities: Building Resilient Cities
• June 28-29, 2012: 2012 Federal Reserve Bank of Cleveland Policy Summit on Housing, Human Capital, and Inequality (www.clevelandfed.org/Community_Development/events/PS2012/index.cfm  )

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Federal Reserve Bank of Dallas

Events

• May 8, 2012: Community Development Investment Roundtable: A Means to Job Creation. At the session, investors explained how their organizations are partnering with banks to put people back to work.

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Federal Reserve Bank of Kansas City

Events

• September 19-20, 2012: The Future of Workforce Development Conference

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Federal Reserve Bank of New York

Events

• May 9-11, 2012: Reinventing Older Cities: Building Resilient Cities

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Federal Reserve Bank of Philadelphia

Events

• May 9-11, 2012: Reinventing Older Cities: Building Resilient Cities

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Federal Reserve Bank of Richmond

Events

• During 2012: Redefining Capital: A Forum Series on Baltimore's Next Economy. This is a four-part series that studied a Brookings Institution study of job creation opportunities in Baltimore, Maryland; the economic importance of new immigrants to the local workforce; and the role of key organizations in expanding economic growth. (www.richmondfed.org/conferences_and_events/community_development/2012/redefining_capital_20120426.cfm  , www.richmondfed.org/conferences_and_events/community_development/2012/redefine_capital_20120607.cfm  )
• May 9-11, 2012: Reinventing Older Cities: Building Resilient Cities
• September 12, 2012: Economic Inclusion Conference: New Pathways to Financial Stability. The conference included a session on strategies for increasing workplace success for low-income individuals. (www.richmondfed.org/conferences_and_events/community_development/2012/economic_inclusion_20120912.cfm  )
• October 29, 2012: Micro-Enterprise Conference. This regional conference included workforce development sessions. Keynote speaker and Yale Law School Scholar Andrew Verstein discussed the implications of the American Jobs Act and its potential effect on small businesses and the local workforce.

Research

• FRB Richmond is conducting research on Community Resiliency in Southern Mill Towns: Concord and Eden, North Carolina.

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Federal Reserve Bank of St. Louis

Events

• March 20, 2012: Livability and Jobs Conference. The focus of the session was on the economics of sustainability, regionalism, and the new civics, equity, and jobs. (www.stlouisfed.org/community_development/events/?id=344  )
• May 9-11, 2012: Reinventing Older Cities: Building Resilient Cities
• July 13, 2012: JOBS Act: How Regulation A, Small Cap IPO, and Crowdfunding can Help St. Louis(co-hosted with the St. Louis Regional Chamber and Growth Association). In addition to an overview of the Jobs Act, the meeting focused on its impact on the St. Louis region to address capital needs.
• September 12, 2012: Meeting the Challenge: Keeping Kids in School (conference in Louisville, Kentucky). Participants learned about Network for Teaching Entrepreneurship (NFTE) and innovative approaches to reach today's youth. (www.stlouisfed.org/community_development/events/?id=393  )

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Federal Reserve Bank of San Francisco

Events

• August 15, 2012: Nevada Workforce Development Forum (in Las Vegas, Nevada). (www.frbsf.org/community/resources/2012/0815-Nevada-Workforce-Development-Forum/index.html  )
• December 4, 2012: FRB San Francisco hosted a workshop on workforce development issues at a California Asset Building Symposium in Fresno, California.

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