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Toward an Inclusive Recovery: Improving Labor Force Attachment and Financial Security Among Low-income and Marginalized Workers

August 3, 2021 @ 2:00 pm 5:00 pm EDT

Hospitality worker cleaning hotel doorknob

Join us August 3 for a research seminar focused on issues related to the employment experiences of low-income workers during the pandemic and how to improve the financial security of these workers.

Seminar details

Millions of people experienced unemployment and other labor disruptions as a result of the COVID-19 pandemic. As people return to work and our economy begins to expand, the community development field—including the financial, government, philanthropic, and nonprofit sectors—has an opportunity to collectively advance policies and actions that support an inclusive and equitable recovery. Come learn about the challenges workers face and how the community development field can play a role improving the financial security of our workforce.

This seminar is part of a Federal Reserve Community Development Research Seminar Series focused on supporting an inclusive recovery. Each seminar in the series will present research illuminating an issue critical to our economy, and presenters will discuss how the community development field can use these findings to support a recovery that benefits everyone.

Speakers

  • Governor Michelle W. Bowman, Federal Reserve Board of Governors
  • Eric Belsky, Director of the Division of Consumer and Community Affairs, Federal Reserve Board of Governors
  • Marianne Bitler, Professor of Economics at the University of California, Davis
  • Eliza Forsythe, Assistant Professor at the School of Labor & Employment Relations and Department of Economics at the University of Illinois, Urbana-Champaign
  • Todd Greene, Institute Fellow at the Urban Institute, Executive Director of WorkRise
  • Claire Montialoux, Assistant Professor at the Goldman School of Public Policy at the University of California, Berkeley
  • Jonathan Morduch, Professor of Public Policy and Economics at the Wagner Graduate School of Public Service at New York University, Executive Director of the Financial Access Initiative
  • Angela Rachidi, Senior Fellow and Rowe Scholar, American Enterprise Institute
  • Christopher Rauh, University Lecturer at the University of Cambridge, Fellow at Trinity College Cambridge
  • Robert Valletta, Senior Vice President and Associate Director of Research at the Federal Reserve Bank of San Francisco

Moderator
Matuschka Lindo Briggs, Director of Special Projects and Strategic Support, Federal Reserve Bank of St. Louis


Agenda

2:00-2:15 pm ET

Welcome and introductory remarks

Eric Belsky, Federal Reserve Board of Governors
Governor Michelle W. Bowman, Federal Reserve Board of Governors pre-recorded

2:15-3:30 pm ET

Panel 1: Labor Force Attachment

Labor markets during the COVID pandemic
Eliza Forsythe, Assistant Professor at the School of Labor & Employment Relations and Department of Economics, University of Illinois, Urbana-Champaign

Lessons from the UK and Germany
Christopher Rauh, University Lecturer, University of Cambridge; Fellow at Trinity College Cambridge

Unemployment insurance policies
Robert Valletta, Senior Vice President and Associate Director of Research, Federal Reserve Bank of San Francisco

Reflect on comments
Todd Greene, Institute Fellow, Urban Institute; Executive Director, WorkRise

30-minute moderated Q&A

3:30-3:40 pm ET

Break

3:40-4:55 pm ET

Panel 2: Financial Security

Challenges from income volatility among low-wage workers
Jonathan Morduch, Professor of Public Policy and Economics, Wagner Graduate School of Public Service, New York University; Executive Director, Financial Access Initiative

Proposals for direct income supports
Marianne Bitler, Professor of Economics, University of California, Davis

Minimum wage policies
Claire Montialoux, Assistant Professor, Goldman School of Public Policy, University of California, Berkeley

Reflect on comments
Angela Rachidi, Senior Fellow and Rowe Scholar, American Enterprise Institute

30-minute moderated Q&A

4:55-5:00 pm ET

Closing

Matuschka Lindo Briggs, Federal Reserve Bank of St. Louis


Presented by

Toward an Inclusive Recovery

More events from the 2021 Federal Reserve Community Development Seminar Series.

Understanding and Empowering Women’s Economic Participation

October 21, 2021
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This seminar will explore issues related to women’s economic declines during the pandemic and the ability of women to participate equally in existing markets, post-recession.

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Date & time to be announced

This seminar will present research examining the effectiveness of rental assistance programs in reducing housing insecurity among renters during the COVID-19 pandemic.