In many ways, Ģ����Ƶ’s economy is booming.

The state is attracting top-tier businesses, and more Ģ����Ƶns are working than ever before. In June of 2026, almost 5.3 million people held jobs in Ģ����Ƶ. The state’s unemployment rate was also just 3.4%, well below the national average of 4.2%.

And as of the end of 2025, Ģ����Ƶ had about 275,000 job openings.

That all sounds like great news—and it is.

But strong employment numbers don’t tell the whole story.

Many of Ģ����Ƶ’s job-seekers are still wrestling with a big question: “Where can I find a job I can actually get, keep, and live on?”

The Everyday Challenges of the Job Search in Ģ����Ƶ

A lack of motivation is rarely what stands between Ģ����Ƶns and meaningful work. 

Instead, many people are having a hard time figuring out which educational and training programs will open doors to available jobs. They may have general education backgrounds but not the specific skills, certifications, or hands-on experience today’s employers are looking for.

And finding a job that matches a job-seeker’s qualifications is only part of the equation. An employment opportunity also has to work with the realities of their everyday life. Families across Ģ����Ƶ can face barriers to work involving: 

• Access to child care
• Transportation to work
• Re-entry into the workforce after incarceration
• Disability-related challenges
• Distance to resources and good jobs for those in rural areas

These hurdles can make a seemingly good job much harder to take—or to keep—and families have to figure out whether the potential paycheck would really make them better off. 

The income alone might not be enough to overcome the obstacles people struggle with. It could even cause an individual or family to face a benefit cliff, where a small increase in earnings leads to a much bigger decrease in welfare (safety net) support.

There are currently about 800,000 Ģ����Ƶns who aren’t working full time, including:

• Unemployed people who are looking for jobs
• Part-time workers who want to work full time
• People who have given up looking for work

For many of these individuals, the challenges of the search for rewarding full-time work can be complicated and overwhelming. Despite their efforts, they may feel stuck, discouraged, and unsure of how to move forward.

How State Leaders Can Build a Better Path to Work

Ģ����Ƶ policymakers can take much-needed steps to improve the job-search process and help connect more people to promising jobs:

1. Align Workforce Development Programs with Employer Demand: People shouldn’t spend months completing an educational program only to discover there are few openings that they’re qualified for. To prevent this, Ģ����Ƶ’s workforce development programs can coordinate with schools, technical colleges, and employers to structure education and training opportunities so they equip Ģ����Ƶns with the in-demand skills that lead directly to fulfilling careers.
2. Remove the Obstacles That Keep People from Working: To help those who face barriers to work, Ģ����Ƶ lawmakers can continue exploring a to managing government benefits and workforce services. By better integrating welfare and workforce development programs, policymakers can empower state agencies to address beneficiaries’ needs more holistically—connecting people to work while making sure they get the vital support that will enable them to take a job.
3. Make Quality Child Care More Accessible: Ģ����Ƶ’s leaders can help make child care more affordable and available by taking a careful look at rules that may unintentionally make it harder and more expensive for providers to serve families. By considering regulatory changes while preserving quality and safety, policymakers can enable new providers to enter the market, give parents additional choices, and help working families find care that fits their lives. 
4. Eliminate Benefit Cliffs: To reward rather than penalize people’s efforts to work, policymakers can eliminate benefit cliffs by gradually decreasing public assistance as workers earn more. This will encourage people to take meaningful jobs, accept promotions, or work more hours without fear of a steep drop in critical support.

How Local Communities Can Open Doors for Job-Seekers

Nonprofits, churches, and other community groups can also take action to help close the gap between Ģ����Ƶ’s employment numbers and the reality many families experience:

1. Connect Job-Seekers to Employers: Community organizations can work together to identify people who are struggling to find or keep jobs and provide them with access to local work readiness programs and businesses that are hiring. 
2. Help Employers Find Candidates: Just as importantly, community groups can learn what local employers actually need and help them connect with qualified candidates they might otherwise miss. 
3. Provide Continuous Support to Working Families: Getting a job is just one step toward stability and prosperity. Communities can continue to encourage their neighbors and help them adapt as they start new jobs and adjust their family routines. 

The Real Measure of Economic Growth

Ģ����Ƶ has successfully attracted new employers and become a destination for major investments. But the real measure of economic growth isn’t how many jobs are available. It’s whether Ģ����Ƶns can access those jobs and turn them into flourishing lives.

A good job should do more than cover today’s bills. It should create tomorrow’s opportunities. It should make it easier to support a family, save for important purchases, and open doors to upward mobility.

When policymakers and communities come together to help job-seekers, a strong economy can be something even greater: a pathway to stable, family-sustaining work and a brighter future for Ģ����Ƶns across the state.

Additional Resources

Alliance for Opportunity

Alliance for Opportunity

City Journal

Federal Reserve Bank of St. Louis

Federal Reserve Bank of St. Louis

Ģ����Ƶ Center for Opportunity 

Non-Working Adults Concentrated in Ģ����Ƶ’s Distressed Communities

Ģ����Ƶ Center for Opportunity 

Ģ����Ƶ Department of Labor

Governor Brian P. Kemp, Office of the Governor

U.S. Bureau of Labor Statistics

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The is poised to make a powerful impact on students across the state. Legislators drafted the bill to help increase literacy rates among young Ģ����Ƶns and prepare them for higher levels of learning and greater success in life. 

Ģ����Ƶ’s literacy statistics are undeniably troubling—. Ģ����Ƶ’s proficiency percentage is just slightly above the average reading level in the United States. The Nation’s Report Card, which tracks how well students across the country are reading in fourth grade, recently showed that . And proficiency is a key indicator of children’s progress and readiness for more advanced work.  

Third grade also marks a critical point in a student’s academic development. Between third and fourth grade, children should be transitioning from learning to read to using reading to learn. If students fall behind in reading during this crucial period, they can start to have a hard time in other school subjects, too. This struggle often takes a big toll on children as they grow up, and it can limit economic opportunities later on. 

But with support from organizations like the Ģ����Ƶ Center for Opportunity (GCO), state legislators are paving the way for children to overcome challenges with literacy. This will empower them to thrive in their academic development and build flourishing lives for themselves and their families in the future.

“GCO applauds the state’s General Assembly for passing the Ģ����Ƶ Early Literacy Act of 2026. This important legislation helps Ģ����Ƶ make sure that students read proficiently so they can excel in school and reach their full potential in life.”

Buzz Brockway, Vice President of Policy, Ģ����Ƶ Center for Opportunity

What Are the Core Requirements in This Bill?

Policymakers have included several key measures in the new literacy bill to help the youngest Ģ����Ƶns become skilled readers.

• Literacy Coaches in Every School: All schools that serve students in kindergarten through third grade will be required to hire literacy coaches—educators with expertise in teaching reading. The coaches will support teachers through lesson planning, co-teaching, and mentoring.
• Mandatory Kindergarten Enrollment: Students will be required to attend kindergarten before starting first grade (exemptions are possible if students pass the assessment described below). The bill will also encourage families to enroll their children in school or establish a home study program beginning at age 5. These measures should strengthen children’s foundational reading skills early on.
• First Grade Readiness Assessments: Schools will test students before they start first grade to make sure they’re academically prepared. If a kindergartener isn’t reading on grade level, the school will design a plan to help them.
• Expanded Use of Science of Reading Curriculums: Schools will continue to expand the use of materials grounded in the science of reading, a field of research that focuses on how students develop reading skills. Teachers will no longer be able to use the older three-cueing system, which encourages students to guess words.
  

Have Other States Passed Similar Laws?

Yes. Mississippi, in particular, has set the standard for effective literacy legislation. Recent reforms in that state include:

• Placing literacy coaches in the lowest-performing schools to guide reading teachers 
• Regularly screening students in grades K-3 for challenges with reading and creating plans to help children who are struggling
• Requiring third graders to demonstrate reading proficiency before starting fourth grade
• Training teachers to shift to an approach based on the science of reading

As a result of the strong focus on literacy, Mississippi’s fourth grade reading proficiency scores went from . Ģ����Ƶ and many other states have taken notice of this significant improvement and have modeled legislation after Mississippi’s laws.

When Will the New Requirements Take Effect?

Governor Brian Kemp is expected to sign the Ģ����Ƶ Early Literacy Act once the 2026 legislative session ends. After it becomes law:

• Schools will likely have literacy coaches on staff by the 2028-2029 school year.
• Mandatory kindergarten enrollment and enhanced readiness assessments will go into effect for the 2027-2028 school year.
• Every K-3 classroom will use only state-approved materials aligned with the science of reading by July 1, 2027.

What Is the Science of Reading

The science of reading is a field of research focused on how the brain learns to read and how to teach reading. It promotes proven practices that support students of all abilities. These practices involve several essential elements:

• Phonemic Awareness: the ability to hear and identify individual sounds in spoken words
• Phonics: the relationship between letters and the sounds they represent
• Fluency: the ability to read texts smoothly, accurately, and with the right expression
• Vocabulary: an understanding of what words mean and how to say and use them correctly
• Comprehension: the ability to understand, interpret, and analyze texts

What’s the Difference Between Reading on Grade Level and Reading Proficiently?

People often use these two phrases interchangeably, but they actually mean different things.

• Reading on Grade Level: A student who reads on grade level can figure out words and follow a basic plot, but they might still struggle to analyze more complex texts. This is the minimum expected skill level for a child in a specific grade.
• Reading Proficiently: A proficient reader has a higher-level skill set, including the ability to analyze more challenging material and to think critically about it. Reading proficiently makes it easier for students to use reading for learning as they develop academically.

This difference is important for understanding literacy rates in Ģ����Ƶ. The state’s Department of Education reports that , but the Ģ����Ƶ Council on Literacy has shown that only . 

How Can Increasing Reading Proficiency Open Doors to Opportunity?

The state legislature passed the Ģ����Ƶ Early Literacy Act in March of 2026 with unanimous bipartisan support. The strong approval of the bill confirms that Ģ����Ƶ’s policymakers have made literacy a priority.

This attention to literacy will make a meaningful difference for many Ģ����Ƶns. Research has shown that . And without that degree, access to higher levels of education, fulfilling jobs, and economic opportunities is more limited. For students who come from vulnerable families, struggles with reading can also make it harder to escape poverty.

Through the Literacy Act, Ģ����Ƶ legislators aim to remove barriers for children and encourage them to follow brighter paths to promising futures. By becoming stronger readers, Ģ����Ƶ’s students will be more successful in school. They’ll also learn to think more critically about the world around them. Their advanced skills will then lead young people toward more rewarding work and economic mobility as adults, and they’ll be able to positively impact their communities. The bill has the power to make all this possible, with literacy as the key that unlocks the door to these life-changing opportunities.

Additional Resources

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Legislators in the Ģ����Ƶ General Assembly have unanimously passed the , a bill that will transform the way math is taught in the state. It will open doors for students to receive a high-quality math education and ultimately shape the direction of their lives.

The Act brings significant updates to Ģ����Ƶ schools, including the adoption of new math standards, increases in the amount of time spent on math during the elementary school day, an advanced (compressed and accelerated) math track for qualifying students, and new requirements for teacher certifications.��

The changes will prepare students to take high school-level math classes like Algebra I in middle school and, if desired, to pursue careers in science, technology, engineering, and math (STEM).

The legislation is based in part on recommendations from the Ģ����Ƶ Center for Opportunity (GCO), with additional support from and . The opportunities it creates will pave the way to fulfilling jobs, economic opportunity, and brighter futures for participating students, and especially for young African Americans, Latinos, and girls, who haven’t traditionally received significant STEM education.

“GCO has helped lead the charge in crafting this bill to bring more opportunity to all of Ģ����Ƶ’s students. A strong math education will empower young Ģ����Ƶns to reach their full potential and flourish in their careers and lives.”

Buzz Brockway, Vice President of Public Policy, Ģ����Ƶ Center for Opportunity

What Are the Key Elements of This Bill?

The Math Matters Act establishes several important measures to help students become proficient in math earlier in their academic development.

School Requirements

• In elementary schools, fourth and fifth graders will receive at least 60 minutes of core math instruction every day.
• School districts will design advanced math classes for students in grades 6-10.

Automatic Enrollment

School districts will automatically enroll students in the advanced math courses if they meet the qualifications.

• Parents or guardians will have the option to withdraw their child from the classes if they think the standard math track is a better fit.
• Parents of students who don’t qualify for the advanced math classes will still be able to enroll their child if the student’s score on the previous year’s math assessment is above a certain level.

Revised Teacher Certification Requirements��

The bill updates teacher certification requirements to make sure that all teachers are trained in developmentally appropriate, evidence-based math curriculums.

Supportive Student Services

The bill grants school systems the ability to offer tutoring or bridge programs to support students in the faster-paced courses.

Annual Reporting

Ģ����Ƶ’s Department of Education will publish annual reports on student demographics, enrollment, and test scores to make sure the advanced math curriculum is meeting its equity and achievement goals.

How Will Students Qualify for the Advanced Math Classes?

Students who receive high scores on statewide end-of-grade math assessments will be eligible for the advanced classes during the following school year.

What Types of Classes Will Students Take as Part of the New Curriculum?

Students on the advanced math track will be able to complete high school-level math classes—usually Algebra I—by the time they finish eighth grade. They’ll then be ready to tackle subjects like calculus in high school.

When Will the Advanced Math Courses Be Available?

The changes to math curriculums will go into effect for the 2027-2028 school year.

What Impact Will Automatic Enrollment Have?

Automatic enrollment supports equitable access to the advanced math track by removing barriers like possible teacher bias, a student’s lack of confidence, or participation fees. In the past, obstacles like these have sometimes prevented qualified but traditionally underserved students from setting foot on advanced academic pathways.

Barriers to early educational opportunity are still being reflected in the composition of our nation’s workforce. For example, a recent report from the revealed that the nation’s STEM workers were:

• 62.9% white 
• 14.8% Hispanic
• 9.5% Asian American
• 8.2% Black
• 4.3% multi-racial 
• 0.3% American Indian or Alaska Native

And just 18% of working women in the United States held a STEM job, per the report. 

Opening doors to all students and exposing them to challenging math coursework early in their academic development can and pave the way for young people’s future success and upward mobility.��

How Can Advanced Math Classes Build Bridges to Opportunity?

Research indicates that are twice as likely to graduate from high school. They’re also more likely to succeed in college and then accept meaningful jobs in STEM fields, which are critical to the nation’s economic success. And outside of work, the essential skills math teaches—analytical, logical, and problem-solving skills—will empower young people to serve as engaged members of their communities.

The advanced math track will give young Ģ����Ƶns the chance to experience the sense of dignity and purpose that comes from rewarding work—both academic and professional. And for students who are part of vulnerable families, this opportunity sets the stage for them to break out of generational cycles of poverty and to achieve their full potential. Their success will then ripple out, transforming their future families, workplaces, and neighborhoods.

Additional Resources

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As summer break approaches for many teens and young adults, most will be looking forward to leisurely activities like a trip to the beach, camping, or even summer camp. Kids at this developmental age indeed need relaxation and rejuvenation over summer breaks, but it is also a valuable opportunity to reap lifelong benefits.

Parents, guardians, or even mentors may want to encourage their teen to get a summer job—not just to earn a little spending money but because work has many other benefits to the health and resiliency of teens.

It’s true that the brains and bodies of kids need some time to relax and rejuvenate after a long school year—and taking a much-needed break in the summer months can be a good thing. There’s also a lot to be said for getting a summer job that teaches the value of work and offers benefits that reap dividends over the course of their lives.

Work is good for young people

Research shows that seasonal and part-time employment for teenagers and young adults has almost universally positive impacts. The truth is that holding down a summer job is something that previous generations commonly experienced—and enjoyed—but kids today have been comparatively shielded from working until much later in life.

In fact, according to the, the summer labor force participation rate for 16- to 24-year-olds in July 2023 was only 60.2%—slightly down from the previous year’s rate of 60.4%. By comparison, back in July 1989, the rate peaked at 77.5% before trending downward over the next 20-plus years to settle between 60.0% and 60.6% from 2012 to 2018. 

Since then, the rate dropped significantly to 57.3% in 2020 due to the economic dislocation caused by the COVID-19 pandemic, though it has since returned to pre-COVID levels at around 60%.

Contrasting by gender, the 2023 gap in summer labor force participation was the smallest on record—at only 0.4%—with only 60.4% of young men working compared to 60.0% for young women. Interestingly—and not surprisingly—the gender gap was its widest at 40.9 percentage points back nearly 75 years ago in July 1950. Also not surprising is that today most summer jobs for teens and young adults are in leisure and hospitality (25%), retail trade (18%), and education and health services (13%). 

Clearly, the current generation of teens and young adults is working less than their predecessors. But what’s the impact on their lives?

They not only miss out on the financial benefits of earning money, but also on learning “soft” skills and attitudes that will positively impact them for the rest of their lives, including time management, respect for supervisors, following instructions, being reliable, demonstrating an upbeat attitude, dressing appropriately, accepting constructive criticism, and even using work-appropriate language.

In July 2023, the summer labor force participation rate for 16- to 24-year-olds was 60.2%. In July 1989, the rate peaked at 77.5%. The drop means more young people are missing out on the benefits of work.

In July 2023, the summer labor force participation rate for 16- to 24-year-olds was 60.2%. In July 1989, the rate peaked at 77.5%. The drop means more young people are missing out on the benefits of work.

For young people, benefits of work span all areas of a healthy life

Beyond this, the Ģ����Ƶ Center for Opportunity (GCO) team has thoroughly reviewed the literature and found that there are nine benefits for work that help teens and young men and women develop a strong work ethic that lays the foundation for success in every area of life: 

1. Personal finances: When we think of work, we immediately think of a paycheck. That’s the most obvious benefit. Work enables kids to buy both necessities and luxuries, to pay for education, even to start saving for retirement. Attaching to work early is also important for avoiding the trap of the social safety-net system that can unintentionally keep people mired in poverty.

2. Serving others: Earning money in a free market economy shows the ability to create value by serving others and learning self-reliance.

3. Economic impact: The more people work, the more the economy grows. This creates a more prosperous society and leaves those who work personally better off than those who don’t work. Those who don’t work deny society resources that could have made everyone better off—while simultaneously pulling resources away from other important societal needs.

4. Personal well-being: Work confers dignity and respect. It provides a sense of meaning and purpose in life. In contrast, those who don’t work are, overall, less happy and experience higher levels of personal and familial stress, sadness, despair, hopelessness, apathy, and depression.

5. Mental health: Those who work experience improved mental health outcomes and have higher self-esteem, fewer psychosomatic symptoms, less anxiety, and decreased suicide risk.

6. Alcohol and substance abuse: Those who work generally have reduced drug use and improved treatment outcomes. The impact of substance abuse appears to be greater on those who don’t work.

7. Physical health and lifespan: Those who don’t work generally have poorer physical health, including disrupted sleep patterns, higher risk for cardiovascular disease and respiratory infections, and shorter longevity.

8. Family relationships: Working has a particularly positive impact on males when it comes to family formation. Young men who work are much more likely to marry and have a family.

9. Crime: Working typically has a positive effect on teens and young adults by increasing future wages, building human capital, and reducing criminal behavior and recidivism—especially for economic crimes involving property damage, theft, and drugs. 

Taken together, the evidence is strong for teens and young adults to start working on a seasonal or part-time basis. Whether it’s learning to manage a summer job in between camps, family vacation, and other enrichment activities or working during the academic year after school or on the weekends, the benefits of employment go far beyond earning money. 

While it may be fashionable for parents to shelter their children from the working world as long as possible to allow them to enjoy a more carefree and leisurely adolescence, the data—and generational wisdom—show that we do kids more harm than good by unduly delaying their exposure to the workforce.

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Quendasia’s life was changed forever when she was seriously injured in a car crash several years ago. The accident left her with a traumatic brain injury that made returning to work a challenge. She spent five years struggling with unemployment before hearing about the Ģ����Ƶ Center for Opportunity (GCO) program—and its partnership with Jobs for Life.

Like many job-seekers, Quendasia discovered BETTER WORK in a moment of crisis or urgent need. And because GCO prioritizes building a network of community resources and employer partners, we were able to help her find support for her immediate needs.

But part of what makes BETTER WORK unique—and effective—is that we help people move from crisis into developing connections and a fresh mindset to pursue long-term, stable work. This is where BETTER WORK and (JFL) came alongside Quendasia to help her envision and pursue a professional path that was so much more than just a paycheck.

This gets to the heartbeat of GCO—to remove barriers to opportunity and foster thriving communities in which everyone can achieve their fullest potential. Work is a key piece of the puzzle—not only because it unlocks economic mobility, but also because it empowers people to find fulfillment in a sense of personal and collective purpose, structured routines, and relationships that lead to belonging and support.

Together, BETTER WORK and Jobs for Life empower people to see that they have a valuable place in their communities and can make unique contributions through work. 

Back in 2022, we recognized that the focus of our BETTER WORK initiative strongly aligned with the vision and values of Jobs for Life, a network of job-training groups available through churches and nonprofit organizations that break down barriers to work. Originally launched in 1996 in Raleigh, North Carolina, JFL is now available in more than 300 cities nationwide.

This shared vision led to a collaboration with the power to transform the lives of individuals, families, and whole communities.

In Columbus, which is home to one of our BETTER WORK chapters, we partner with Jobs for Life to offer an 11-week course that pairs participants with a one-on-one mentor. JFL’s curriculum has the benefit of incorporating essential skill training and behavioral development into its model. Each class provides two hours of instruction in soft skills, discussions on the importance of work in daily life, and exercises in character development.

Back to Quendasia’s story. 

Prior to coming to Jobs for Life, she had a GED and she was planning to go to college. Through JFL, she honed practical and essential work skills—like how to interact with others and show up on time. These details seem small, but they are often the tools people need most to capably and confidently pursue meaningful work and realize their inherent personal value. 

“Jobs for Life got my mind back on track for working. I met different people and learned different skills,” Quendasia shared. “Before Jobs for Life, I didn’t feel confident enough to get a job. I didn’t really believe in myself. But now I know I can do it.”

BETTER WORK’s Jobs for Life class in Columbus, GA, introduces participants to community resources and champions that offer support on their journeys to pursuing long-term, meaningful work. 

The discovery of personal potential and worth is at the heart of BETTER WORK and Jobs for Life. Both programs share the core belief that everyone has an inherent, God-given dignity worthy of recognition and respect. Through their shared focus on relational support, human connections, and community, BETTER WORK and Jobs for Life empower people to see that they have a valuable place in their communities and can make unique contributions through work. 

Today, Quendasia works at Piedmont Healthcare—an opportunity she never would have had without the support and networking she found through JFL.

The BETTER WORK partnership with Jobs for Life allows GCO to leverage our existing network of employers, community leaders, and resource providers to make JFL classes even more successful for the local churches and organizations that choose to host and sponsor the training in a BETTER WORK community.

Take one more example. Recently, Tiarra connected with BETTER WORK through our partnership with the Jobs for Life program. She was looking for new opportunities at a job fair after losing her job.

“The class pushed me even further,” Tiarra said. “I wouldn’t have ever found my mentor or the job I’m in right now. I love all the teachers. Every lesson was a blessing,” 

Today, Tiarra is at Troy University online school working toward a bachelor’s degree in social work. “I used to live in fear, and now I embrace challenges and try to work through them instead of shying away from them,” she added.

Across the nation, the need for programs like BETTER WORK and Jobs for Life is significant:, as of February 2024, nearly 6.5 million Americans were unemployed, 22 million were underemployed, and 80% of workers were disengaged. 

These numbers can seem overwhelming and even impossible to change. But that only becomes true when we forget that the biggest differences start close to home. 

When it comes to empowering vibrant communities and upward mobility, the most important place to start is at the community level. That’s what BETTER WORK and Jobs for Life are built for. Quendasia and Tiarra’s stories are testimonies to the good that can come when mission-aligned programs like BETTER WORK and Jobs for Life work together to build hope and opportunities in the places where people need them most—in the communities where everyday lives are lived.

The post BETTER WORK and Jobs for Life: Giving Ģ����Ƶns a Path to Find Purpose and Possibility in Work appeared first on For Opportunity.

Today,��announced that in April the Consumer Price Index (CPI) rose by 0.4%, not seasonally adjusted. Year over year, the CPI has gone up 4.9% in the last 12 months.

The Ģ����Ƶ Center for Opportunity’s (GCO) take: “Not only has the federal government abandoned restoring purchasing power, they do not appear even capable of bringing inflation down to the Federal Reserve’s inflation rate target of 2%,” said��Erik Randolph, GCO’s director of research. “Devaluing the dollar means that Americans must have comparable wage inflation just to keep with prices. That’s worse for Americans living on fixed incomes, the working class, and the poor.”

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Key Points

• As of March 2023, the Bureau of Labor Statistics reported a.
• Well-known companies are conducting large-scale layoffs—in some cases, laying off tens of thousands of employees.��
• The BETTER WORK program can help you take the next steps in your career to secure a better job, whether you’ve been laid off or you’re simply looking to move to the next level.

The COVID-19 pandemic has had a profound impact on the global economy, leading towidespread job losses and an uncertain future for many workers. As we continue tonavigate the economic crisis, it is important to understand the current state of the jobmarket in Ģ����Ƶ and strategies for finding and securing employment.

Times may be turbulent, but with the right mix of strategy, action, and support, it’s possible to find and keep gainful employment.

The state of the job market

The current economic crisis has impacted the job market in a number of ways, causing several industries to contract. Layoffs have been widespread across multiple markets. As of March 2023, the Bureau of Labor Statistics reported a. But with many companies announcing widespread layoffs, that number could potentially increase in the coming months.

Since January 2023, the has been hit hard by layoffs in a number of companies. The impact extended to household-name brands such as Meta, Google, Microsoft, Zoom, Netflix, Salesforce, and many others. Beyond tech, other well-known companies are conducting large-scale layoffs—in some cases, laying off tens of thousands of employees. Disney just announced 7,000 coming layoffs, while Amazon is in addition to the 18,000 jobs it cut in early 2023. Companies such as Goldman Sachs, H&M, Walmart, McDonald’s, Tyson Foods, NPR, and many others are also, in some cases by the thousands.��

Ultimately, are most likely to face layoffs as the impending recession looms. Most blue-collar jobs are still hiring, though, so workers in those sectors may fare better.

Strategies for finding employment

Having a support system to come alongside you and help with your job search is invaluable. The BETTER WORK program can help you take the next steps in your career to secure a better job, whether you’ve been laid off or you’re simply looking to move to the next level. If you’re in the Gwinnett or Columbus areas, we’re ready to help!.

Regardless of whether you face layoffs or not, it’s important to get prepared for the possibility of a job hunt. It’s far better to update your resume and refresh your network connections now, rather than waiting until it’s too late. Here are a few things you can do to boost your chances for landing new employment, should the need arise.

1. Assess your skills and experience: What skills and experience have you acquired over the years? What about transferable skills? Make an exhaustive list of your professional experience and transferable skills up to this point. After that, consider listing out what skills you might like to acquire in the future.

2. Identify in-demand jobs and industries: If you need to launch a job search, you’ll want to start with. You can research specific industries on the, but it’s also useful to check the pulse of the market by running searches on Google and staying up to speed on LinkedIn.

3. Network and leverage personal connections: It’s always important to meet new professional connections and keep in touch with existing ones, but now it’s more important than ever. Reconnect with professional connections and leverage your network to find new opportunities you might not come across otherwise. If you don’t yet have an account on LinkedIn, go ahead and get set up there, too. It’s a great place to showcase your skills, follow companies you’re interested in, apply for jobs, and keep in touch with professional peers.

4. Utilize online job boards and resources: There are plenty of fantastic resources online that you can use to find and apply for great jobs. Sites like CareerBuilder, Monster, Remote.co, Indeed, and FlexJobs are useful for finding strong opportunities. You can also apply directly to jobs you’re interested in through company websites.

“Having a support system to come alongside you and help with your job search is invaluable.”

“Having a support system to come alongside you and help with your job search is invaluable.”

Moving forward in the job market

Regardless of whether you’re currently job searching or preparing to do so in the future, it’s important to understand how to move forward in the job market. It’s also important to note that, according to Atta Tarki’s report in the, it’s “still a workers’ labor market.” That means, for many job seekers, the power is still in your hands.��

Don’t lose heart if you find yourself searching for new work in the near future. Embrace new opportunities and industries, cultivate and identify transferable skills, and get ready to pivot quickly if needed. Stay flexible and adaptable to changing market conditions, and plan for the future. When you remain open to new possibilities, you’ll have that much more control over your career trajectory.

The post Navigating the current economic crisis: A guide to surviving the job market appeared first on For Opportunity.

Key Points

• Around 454,100 Ģ����Ƶns are missing from the labor force.
• The labor force participation rate is a better barometer of the labor market than the unemployment rate because it includes workers who have simply given up looking for work and are sitting on the sidelines of the labor market altogether.
• We need to answer, how to reintegrate these prime-age, work-capable workers back into the labor force?

A new analysis from the Ģ����Ƶ Center for Opportunity shows that around 454,100 Ģ����Ƶns are missing from the labor force. This figure comes even as pundits celebrate a statewide and national unemployment rate that remains at historic lows.��

The startling statistic shows a hidden story behind the unemployment rate that reveals deeper cracks in the labor market that will cause problems for years to come, both in the economy and in individuals’ lives. The reason why this matters is not strictly an economic one — we know that these individuals’ giving up on work has profound social, psychological, and relational impacts that extend well beyond the pocketbook.

When individuals are separated from work, they lose more than just monetary compensation or the food, shelter, clothing, and other basics that money can buy. They also face a loss of social connection, meaningful activity, self-respect, and overall purpose.

The numbers

Here’s a quick deep dive into the numbers. , which is a tick higher than the previous low of 3.5% but still at historic lows. .

The troubling trend is in the labor force participation rate, however. This rate is a better barometer of the labor market than the unemployment rate because it includes workers who have simply given up looking for work and are sitting on the sidelines of the labor market altogether. The U.S. labor force participation rate was at 62.2% in October, down from a pre-pandemic rate of 63.4% in February 2020.

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Those detached from work

It’s important to note that the 454,100 figure developed by the GCO team does not include those unable to work, those who were retired, those in school or college full-time, and full-time caregivers for minor children in the home. In other words, that nearly half-million figure is people who are able to work but have simply decided to detach from the labor force altogether, for some other reason.

As for reasons why workers have quit, they are widespread and complex. The better question is how to reintegrate these prime-age, work-capable workers back into the labor force. That is a primary goal of the Ģ����Ƶ Center for Opportunity’s BETTER WORK initiative, currently operating in Gwinnett County and the Columbus areas of Ģ����Ƶ but soon to expand into many additional regions across the state.��

We see success stories like that of Eddie, who spent nearly five years on the street, homeless and working odd jobs, before getting connected with BETTER WORK Columbus and partner organizations to find stable housing, food security, and a long-term job. The goal of such programs is to get people into stable, self-supporting work so they can escape poverty and dependency cycles.

The GCO team also works to educate policymakers on the perils of benefits cliffs that keep people trapped in cycles of dependency and prevent them from moving up the economic ladder. People like Frankie, a single mom who turned down a $70,000-a-year job because it would mean losing essential government benefits that she relied on to support her family. The goal here is for policymakers to make wise decisions about the safety net so that we don’t continue to pour funds into a failing system.

The post Nearly half a million Ģ����Ƶns have given up on work appeared first on For Opportunity.

Key Points

• September CPI numbers show inflation is still on the rise.��
• Core inflation hit a 40 year high.
• Local communities are the key to paving the way for economic success.��

In September, President Joe Biden prematurely declared victory over inflation as he held a celebration event over the party-line passage of the Inflation Reduction Act that required the Vice President of the United States to cast the deciding vote in the Senate.

Perhaps they were fooled by the Consumer Price Index (CPI) numbers for July and August. In July, the CPI dropped just a tiny bit to 295.271 from the seasonally-adjusted index of 295.328 for June, which rounds to an inflation rate of 0.0%. Although the unadjusted index slightly decreased again in August, the seasonal adjusted number rose by only 0.1% that calculates to 1.4% when annualized.

But, alas, inflation rates typically fluctuate from month to month, and what’s important is the longer-term trend.

When the U.S. Bureau of Labor Statistics the CPI numbers for September, it became all too clear that we must continue to suffer through rising prices — because inflation has not yet been tamed.��

The overall monthly inflation rate rose 0.4% when seasonally adjusted, that is 4.7% when annualized. Yet again, the inflation reading came in hotter than expected, being around 0.3% for the September reading. The year-over-year inflation rate stands at 8.3%.��

Worse, inflation has become ingrained in our economy with no indication that it’s going away anytime soon. Here are a few reasons why we still need to be worried.��

1.The core inflation rate hit a 40 year high

The reason economists look at the core inflation rate is to gauge how widely inflation has spread throughout the economy. They get the rate by subtracting the cost of energy and food from the index, but not because energy and food prices are unimportant. But because of their volatility.��

The core inflation rate was 6.7% in September over the previous year – the highest it’s been in forty years. It increased 0.6% in September, which calculates to an annual rate of 7.1%. This alarming trend demonstrates just how ingrained inflation has become in our economy.��

“But policy is only one piece of the puzzle. The other even more important piece is the community-level response.”

“But policy is only one piece of the puzzle. The other even more important piece is the community-level response.”

2. Energy prices are down — sort of — but food prices up

One piece of good news is that energy prices went down in September. However, this is of little consolation because the prices are still 19.9% higher than last year and 49.7% higher than two years ago.

There is no good news for food prices. You can’t go to the grocery store anymore without noticing the impact of inflation, and the CPI numbers bear this out. Food prices in general are up 11.2% over last year, or 16.3% higher than two years ago. As anyone can tell you, this is just the general price increase. Consumers can experience higher prices depending on what foods they buy. Cereals and bakery goods are up 16.2% from last year, and dairy products are up 15.9%

Although economists like focusing on core inflation, energy and food prices are necessities that impact most people, especially lower income families and seniors living on fixed incomes.����

3. Inflation isn’t going away anytime soon

When reading the tea leaves, there aren’t many indications to expect inflation will abate any time soon. The recent droughts and man-made obstacles to food production, such as Russia’s war on the Ukraine and the irresponsible farm policy changes in the Netherlands, will impact food supply, which, of course, will have a direct impact on food prices and its availability.��

As winter approaches the northern hemisphere, the demand for energy will increase. Here again, the war in Ukraine is culpable for disrupting energy supply to Europe. Moreover, not only did the Biden Administration fail to convince OPEC to increase production, but OPEC, which by the way includes Russia, is doing the exact opposite. They are cutting back on oil production.��

In the meantime, current U.S. energy policy is more concerned about climate change than energy independence — that we were just two short years ago. The Administration’s release of petroleum from the Strategic Petroleum Reserve did help ease prices, but now the reserve is at the . How much lower will the Administration allow it to go?

Because it impacts economic behavior, core inflation is even harder to solve. People – whether acting on behalf of their businesses or as an employee or as a consumer – incorporate their expectations of higher prices into their personal actions. This only fuels inflation more. Consider this fact: Although many businesses are experiencing higher revenue, their costs are also up. Importantly, and unfortunately, for many of them, their profits are down. All these factors exacerbate inflation while slowing economic growth, which harms everyone.����

The way forward is through local communities

Our nation’s inflationary environment is bad. Everyone knows that. The big question is what to do about it. On the policy front, we need a paradigm shift in Washington, D.C., to focus on enacting policies that encourage private investment, savings, and free trade while cutting back on deficit spending.

But policy is only one piece of the puzzle. The other even more important piece is the community-level response.

Here at the Ģ����Ƶ Center for Opportunity, our focus is primarily on these bottom-up solutions. Our neighbors — particularly those on the economic margins — are suffering from high inflation and need help. That’s where programs like come in. They help the poor and impoverished get the skills and training needed to find a job and pursue a career, while ensuring they also find safe and affordable housing, reliable transportation, childcare services, and any other essential that’s needed.

We also know that economic prosperity is challenging when your home life is in shambles. That’s why GCO prioritizes healthy family relationships through our Elevate workshops throughout the community and our Strengthen Families Program in local schools. On that note, prosperity is impossible without a good education, so we prioritize policies that will bring the broadest range of educational options to the most people, regardless of their background, income level, or zip code.

The way back from our high inflationary environment is going to be a long trip. But with the right policies in place and with an attitude that prioritizes on-the-ground help for our neighbors, we can lighten the burden for our neighbors during the journey.

The post Despite the fanfare, inflation is not conquered appeared first on For Opportunity.

Key Points

• Year-over-year inflation rate remains high at 8.3%. While the latest monthly number, and the CPI reading from July, show that inflation has stalled, we’re not out of the woods yet.
• Reducing fiscal revenue by suspending the loan repayments adds to federal fiscal deficits.
• Labor market moral hazards��will worsen the situation of students achieving meaningful education and solving the problem of their skills not matching what is needed in the labor market.

In September, the U.S. Bureau of Labor Statistics announced that the Consumer Price Index (CPI) rose 0.1% in August. However, the year-over-year inflation rate remains high at 8.3%. While the latest monthly number, and the CPI reading from July, show that inflation has stalled, we’re not out of the woods yet.

There are warning signals, including worldwide drought and continued energy disruptions, that inflation is not yet tamed. Moreover, Federal Reserve policy is refusing to allow the price level to come back down, meaning that most households will continue to contend with higher prices and lagging income growth.��

Meanwhile, the administration in Washington is taking steps that will only worsen the inflationary environment by its fiscal policy that relies on overspending absent adequate revenue. An unexpected part of this is President Biden’s new plan to forgive up to $20,000 in student loans for households making up to $250,000 a year.��

We’ve already written about how this policy will end up hurting the poor and working class. But from a strictly economic perspective, the blanket student loan forgiveness action by the president raises two additional fundamental concerns.��

1. Deficit spending

Reducing fiscal revenue by suspending the loan repayments adds to federal fiscal deficits. Currently, the federal government is not running surpluses with a manageable national debt as if the federal government is in a financial position to be generous. The government itself is in a financial straitjacket where it must continue to borrow to pay for its expenses, and the interest payments on the national debt continues to grow not just from the additional borrowing but also from rising interest rates. Like a family with a large and growing minimum payment on credit card debt, it is crowding out other budget priorities.��

Although no economist knows how much more debt the U.S. economy can withstand, there is widespread agreement among them across the political spectrum that worsening deficit spending only aggravates inflationary pressures. We may say that taxpayers will eventually pay for the loan forgiveness, but the reality may be that we will pay for it sooner with higher inflation.��

Paying through inflation rather than taxes is regressive, impacting lower income Americans the most. Consider t estimate that 57% of households paid no federal income taxes in 2021 with many receiving a net gain instead. The Tax Policy Center expects that the percent of non-paying households will drop to about 40% over the next few years, consistent with pre-pandemic levels. Why is this important? Because it shows how an inflationary policy, instead of a fiscally sound policy, impacts low-income Americans worse.

2. Labor market moral hazards

Second, it presents moral hazards that will worsen the situation of students achieving meaningful education and solving the problem of their skills not matching what is needed in the labor market.

The moral hazards will come about because given the history of entitlements in this country, once we begin on the path of creating a new entitlement, it opens the door for expanding that entitlement. Are not other students just as deserving of having their debt paid for now and in the future? And what about the past? Why not raise the thresholds so even more debt can be forgiven? What we’re creating here is an entitlement that has moral hazards.�� Even the expectation of future loan forgiveness will cause behavioral changes with the same moral hazards.

• The first hazard is with the students themselves. Choosing a career and what to study is a major life decision where one must weigh the benefits and costs. Already we have a problem with many students making bad decisions and studying things that will not help them develop the skills they need in finding good paying jobs. Installing a system where the cost of education is now paid for with other people’s money will give them yet another reason to rationalize their poor education decisions. While the debt of that education may be forgiven, the opportunity costs will be unforgiving because you can’t turn back the clock and erase the consequences of those bad decisions.��
• The second hazard is with the post-secondary educational establishments themselves. Government involvement with guaranteed student loans already exacerbates the outrageous tuition price hikes we’ve witnessed over the past 50 years. Having the government now forgiving student debt will only reduce the financial incentives for higher education to rein in its exorbitant costs.��
• Finally, where are the incentives for institutions of higher learning to adjust their content to match the needs of society and the economy? As the incentives are eroding for students to carefully choose what to study and for the educational institutions to rein in their costs, the arrangement provides yet another reason for academia to justify the assortment of degrees they offer and the courses they teach. Already we are witnessing a disconnect between the content of what students have studied with what they will need to be successful in their careers.These students typically learn this hard lesson once they graduate and are faced with the realities of life. This flaw in the education system is a contributing cause of the great mismatch between what skills and education people have and the skills needed by employers that fuels the economy. Our economy is currently suffering from this problem, which now will only grow worse.

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