The economic fallout from the COVID-19 pandemic has resulted in millions of new long-term unemployed individuals. As the country continues to reopen, many long-term unemployed workers may return to the workforce, but individuals will be reentering a job market that looks different from a year and a half ago. Businesses large and small embraced technology and automation in new ways, accelerating trends that existed before COVID-19. These individuals will need training, guidance, and support to reenter the workforce successfully.
Previous economic crises have shown that the long-term unemployed have historically found it more challenging to find reemployment. Ongoing high levels of long-term unemployment can lead to more discouraged job seekers dropping out of the labor force. When long-term unemployment is widespread, as it is now, especially among job seekers ages 55 and older, the effects on the labor force can be long-lasting and influence economic recovery more broadly.
Moderators:
Speakers & Panelists:
Stuart Andreason
Assistant Vice President and Director of the Center for Workforce and Economic Opportunity
The Federal Reserve Bank of Atlanta
The Center for Workforce & Economic Opportunity focuses on employment policies and labor market issues that affect low- and moderate-income individuals. The center also contributes to economic research and monetary policy discussions by tracking labor market trends affecting low- and moderate-income workers.
AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age.
Public Private Strategies (PPS) creates opportunities where the public and private sectors meet. We bring together diverse allies including foundations, associations, corporations, small businesses, and entrepreneurs to solve pressing societal challenges.
The Center for Workforce & Economic Opportunity focuses on employment policies and labor market issues that affect low- and moderate-income individuals. The center also contributes to economic research and monetary policy discussions by tracking labor market trends affecting low- and moderate-income workers.
AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age.
Public Private Strategies (PPS) creates opportunities where the public and private sectors meet. We bring together diverse allies including foundations, associations, corporations, small businesses, and entrepreneurs to solve pressing societal challenges.
This event is proudly facilitated by Public Private Strategies. If you need assistance or wish to contact the event organizers, you can contact us at communications@publicprivatestrategies.com.
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