Center for Human Capital Studies
As part of the U.S. central bank—which has a dual mandate to promote price stability and maximum employment—the Atlanta Fed has a natural interest in deepening its understanding of labor force dynamics and workforce development issues. The Center for Human Capital Studies supports those efforts through its research, as well as by offering such resources as conferences, seminars, and labor market tracking tools.
The center’s advisory council, comprised of education and industry leaders, provides valuable insight and advice on matters related to the labor force and workforce development.
Was May's Drop in Labor Force Participation All Bad News?Economists watch fluctuations in the labor force participation rate closely, so last month's decline received scrutiny for what it might imply about today's labor market. A new macroblog post looks at recent labor force data and finds that the decline due to the outflow from unemployment is not necessarily bad news.
Wage Growth for Job Stayers and Switchers Added to the Atlanta Fed's Wage Growth TrackerWage growth has varied between those who change jobs and those who remain in the same job. A new macroblog post discusses this information and how it can now be parsed using the Atlanta Fed's Wage Growth Tracker.