Evolution of Work

Jack Gutt, Head of Communications and Outreach

New York Fed
New York Fed

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How we work, where we work, and what we do. The answers to these questions are rapidly evolving and those responsible for supporting the workforce need to understand all facets of this evolution.

Together with our colleagues at the Board of Governors and in partnership with the Freelancers Union, we’re hosting Evolution of Work, a convening on the transformation of the workforce. We’re fortunate to have in our building today many leaders from across academia, government, industry, labor, and the nonprofit sector for this important discussion. We plan to cover the role of technology, shifts in employer-employee arrangements and relationships and the effects of these changes on workforce and community development strategies.

Specifically, our panels will explore the following questions:

The Gig Economy

What is it? How big is it? How does it actually impact economic activity across the country?

Technology

How has technology impacted how we work and what does the future look like?

The Worker

The needs of many individuals working in the labor force today have changed as a result of both the gig economy and technological advancements and requirements. How do we support them?

Workforce Development

As the economy, technology and worker needs have evolved, what are we doing to plan for the future and preparing a workforce for the new economy?

As part of the New York Fed’s workforce development efforts, we have been promoting a dialogue and a greater understanding of promising policies and programs that connect employers with skilled employees and positively impacting low- and moderate-income communities. Today’s convening is a continuation of this outreach and engagement. The experts and policymakers in this room have their work cut out for them, but to the extent we can support them in this effort, we are happy to help. We look forward to the discussion and to continuing this critical dialogue.

The views expressed in this post are those of the author and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author. New York Fed content is subject to our Terms of Use.

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New York Fed
New York Fed

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