Friday, February 10, 2012

NFWS: Federal Reserve Bank of Philadelphia

Before we dive into the details of the event we hosted yesterday, "A Detroit Workforce United", we wanted to mention a great publication that just came out featuring an article written by Fred Dedrick, the Executive Director of the National Fund for Workforce Solutions (NFWS). The article is published in the Federal Reserve Bank of Philadelphia's quarterly journal "Cascasde."  

In this article, Dedrick shares their strategies for workforce development during rough economic times, as well as the impact and challenges of their workforce partnership model:

"....As labor market demands shift, so too must workforce development systems that are geared to helping low-wage workers acquire higher skills so that they can obtain promising careers. These new approaches must be able to help adults who are looking for work, or who are otherwise disadvantaged, to acquire skills and credentials that are truly valued by the employers in their markets. Employers, policymakers, practitioners, and funders who work and reside in a community are in the best position to develop worker training and career development programs that meet the needs of both workers and employers in that community."

Read the full article here

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