SYS-CON MEDIA Authors: Elizabeth White, Peter Silva, Liz McMillan, Yeshim Deniz, Pat Romanski

News Feed Item

A Solution Series Panel Discussion of the Intersection of Workforce and Economic Development

Thursday, March 27. 8am at Mutual of America, 320 Park Avenue

NEW YORK, March 25, 2014 /PRNewswire-USNewswire/ -- At 8am, Thursday, March 27, 2014, Fedcap's Solution Series is convening a panel discussion to explore the intersection of workforce and economic development at Mutual of America, 320 Park Avenue.

Panelists include: Mark Elliott, President, Economic Mobility Corporation Jacqueline Mallon, Deputy Commissioner, Workforce Development New York City, Small Business Services David Jason Fisher, Senior Fellow, Workforce Development, Center for an Urban Future Melanie Kirk, Senior Vice President, Human Resources, FreshDirect

Increasing local employment is one of the goals of economic development efforts.  Although economic and workforce development are the primary engines of community improvement and growth, they are frequently not aligned. The amalgam of each panelist's experience and point of view will clarify the puzzling and seemingly impossible disconnect.

"In a time of tight budgets and reduced government funding, workforce and economic development have to find innovative ways to collaborate." said Christine McMahon, President and CEO of Fedcap. Ms. McMahon continued, "For employers, a pipeline of trained, job ready workers that match current and future needs is a strategic advantage that lowers training costs, reduces turnover and generates productivity."

Workforce development policy is usually presented by supporters and funders as a way to solve "social problems" that will incur considerable public expenditure if individuals with barriers and long histories of unemployment are unable to find sustainable jobs.

Economic developers, on the other hand, are attracting or retaining particular businesses or positioning cities, regions or states as attractive destinations for entire business sectors.  Incentives such as financial incentives or tax exemptions are common.  From their perspective, the fewer the requirements, including job training or hiring mandates, the more likely they will succeed. 

Since 2008, NYC has gained 237,000 jobs. Low wage jobs have increased dramatically.  Five years ago 31% of New Yorkers earned less than $28,000 a year. During the same five years of significant economic development, the number has risen to 35%.

Last month, in his preliminary budget address, Mayor DeBlasio promised to increase the number of middle class jobs through job training, education, and affordable housing.

The Mayor's approach is sector based development – the targeted development of workers for specific jobs and industries through education. It is fast becoming the main point of intersection between workforce and economic development. 

In spite of what may seem impossible, the panel will discuss concrete examples where integration has created an economic "win-win" for both employers and employees.  Some are looking to the new administration's promise to address "income inequality" as a platform to create a new dialogue to promote an intersection that will benefit all.

The Solution Series, a project of Fedcap's Community Impact Institute, convenes high level dialogues that focus sharply on the barriers to economic independence and self-sufficiency. 

Fedcap, www.fedcap.org creates opportunities for people with barriers to move toward economic independence as valued and contributing members of society.

Contact: Mary Daly, 917-710-7623

SOURCE Fedcap

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The Internet of Things Maturity Model (IoTMM) is a qualitative method to gauge the growth and increasing impact of IoT capabilities in an IT environment from both a business and technology perspective. In his session at @ThingsExpo, Tony Shan will first scan the IoT landscape and investigate the major challenges and barriers. The key areas of consideration are identified to get started with IoT journey. He will then pinpoint the need of a tool for effective IoT adoption and implementation, whic...
ScriptRock has been included in the list of "Cool Vendors" in the "Cool Vendors in DevOps 2015" report by Gartner, Inc.* ScriptRock provides visibility into the configuration state of an organization's IT environments, enabling the continuous delivery of mission critical services. For enterprises where downtime is not an option, ScriptRock's system-wide overwatch offers the assurance that misconfigurations and anomalies are caught before they affect the business. By satisfying this fundamental ...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on T...
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch ...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY., and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides private all-in-one social intranets allowing workers to securely collaborate from anywhere in the world and from any device. Social, mobile, and eas...
So I guess we’ve officially entered a new era of lean and mean. I say this with the announcement of Ubuntu Snappy Core, “designed for lightweight cloud container hosts running Docker and for smart devices,” according to Canonical. “Snappy Ubuntu Core is the smallest Ubuntu available, designed for security and efficiency in devices or on the cloud.” This first version of Snappy Ubuntu Core features secure app containment and Docker 1.6 (1.5 in main release), is available on public clouds, ...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developmen...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
The WebRTC Summit 2015 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
There are 182 billion emails sent every day, generating a lot of data about how recipients and ISPs respond. Many marketers take a more-is-better approach to stats, preferring to have the ability to slice and dice their email lists based numerous arbitrary stats. However, fundamentally what really matters is whether or not sending an email to a particular recipient will generate value. Data Scientists can design high-level insights such as engagement prediction models and content clusters that a...
SYS-CON Events announced today the IoT Bootcamp – Jumpstart Your IoT Strategy, being held June 9–10, 2015, in conjunction with 16th Cloud Expo and Internet of @ThingsExpo at the Javits Center in New York City. This is your chance to jumpstart your IoT strategy. Combined with real-world scenarios and use cases, the IoT Bootcamp is not just based on presentations but includes hands-on demos and walkthroughs. We will introduce you to a variety of Do-It-Yourself IoT platforms including Arduino, Ras...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...