Federal Reserve Bank of San Francisco

Community Development

At the Crossroads Where Economic Development, Job Creation and Workforce Development Intersect

Author(s):

August 2009

Community Development Investment Review

Like a pattern forming in a kaleidoscope, the twin issues of job creation and employee training are emerging as a major focus among groups as diverse as the U.S. Chamber of Commerce and the AFL-CIO, environmentalists and proponents of infrastructure growth. In the face of extraordinary challenges, business, labor, environmentalists, and government are seeking ways to reinvent and revitalize our economy with breakthrough innovations such as “green jobs,” and private-public partnerships to build infrastructure. “Business as usual” is clearly not the road to success.

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