Philadelphia Fed
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The quarterly catch-up, Q2 2024
Check out the latest community development-related research, analyses, and articles from all 12 Federal Reserve Banks and the Board of Governors. This post captures content published between April 1 and June 30, 2024, on topics affecting marginalized communities.
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Data on anchor institutions helps inform decisions at local, regional, and state levels
From job training to procurement to business development, state-level measures of anchor institutions are helping to advance conversations, support collaboration, and drive economic growth.
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[Watch] The Changing Landscape of In-person Banking
In a recent Connecting Communities webinar, experts discussed how US bank branch closures affect lower-income, rural, older, and disabled customers. They highlighted the value of in-person banking and tools like the Fed’s Banking Deserts Dashboard. Watch on demand.
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Worker Voices Special Brief: Self-Employment, Dreams Versus Reality
Worker Voices participants described weighing the tradeoffs of self-employment from the independence it gave to its income generation potential. This research found that participants were pushed or pulled into self-employment for a variety of factors and their experiences did not align with their expectations of this work.
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When ‘mobile’ means buses or a horse and buggy: Innovative solutions to banking deserts
Two community banks, Bank of Bird-in-Hand and BankOnBuffalo, combat banking deserts in a unique way by bringing access to financial services to the communities that they serve.
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Banking Deserts Dashboard
Discover banking deserts and potential ones using the Banking Deserts dashboard. This interactive dashboard provides census tract-level data of states and counties from 2019-2023.
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‘We’re looking for a place where we belong’: What we learned from talking to workers
As we think of ways to build the strong economy of tomorrow, we cannot afford to leave workers without a four-year degree, and their enormous potential, on the sidelines. “I […]
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Worker Voices Special Brief: Perspectives on Job Quality
For Worker Voices participants, a quality job checks five boxes. Workers with a quality job are adequately compensated, treated well, secure in their position, given flexibility around hours and location, and engaged with the work.