Event

The Future of New York City: Focus on Jobs

October 04, 2024

On Friday, October 4, 2024, the Federal Reserve Bank of New York hosted a half-day conference focused on the future of employment in New York City.

Topics of discussion included how the composition of jobs in the city has changed since the pandemic; what’s needed to create jobs that pay family-sustaining wages and provide broad-based prosperity to the city; and how to develop and attract workers to fill those jobs. The conference featured opening remarks by New York Fed President John C. Williams and keynote remarks by Richard Florida, a professor at the Rotman School of Management and distinguished scholar in residence at the University of Toronto’s School of Cities.

The event was of interest to policymakers, academics, and leaders of financial institutions, foundations, and community organizations.

WATCH THE EVENT

See the agenda for timing of specific conference segments.


Event Details

Date & Time
October 4, 2024
9:00am-1:00pm

Location
Federal Reserve Bank of New York
Auditorium
33 Liberty Street
New York, NY

Audience
This in-person event was open to the public.

Media
This event was open to the media. All remarks were on the record, with the recording to be made available afterwards. For media inquiries, please contact Ellen Simon at Ellen.Simon@ny.frb.org.

Agenda
Agenda
9:00am-9:15am  Welcome Remarks (00:02:19 in video)

John C. Williams, President & CEO, Federal Reserve Bank of New York
9:15am-9:45am  How Has New York City’s Jobs Landscape Changed Since the Pandemic? (00:08:50 in video)

Jaison Abel, Head of Urban and Regional Studies, Federal Reserve Bank of New York | Presentation | Data
9:45am-10:45am  Keynote Presentation and Discussion (00:35:34 in video)

Moderator: Kartik Athreya, Director of Research and Head of the Research and Statistics Group, Federal Reserve Bank of New York

Richard Florida, Professor in the Rotman School of Management and Distinguished Scholar-in-Residence, School of Cities at the University of Toronto
10:45am-11:00am  Break

11:00am-12:00pm  Panel: Sectors and Jobs Needed to Provide Broad-based Prosperity to NYC (01:39:35 in video)

Moderator: Jack Gutt, Head of the Communications and Outreach Group, Federal Reserve Bank of New York

Maria Gotsch, President & CEO, Partnership Fund for New York City

Cecilia Kushner, Executive Vice President and Chief Strategy Officer, NYCEDC

Andrew Rein, President, Citizens Budget Commission
12:00pm-12:55pm  Panel: Initiatives to Attract and Develop the Workforce Needed to Support a Thriving NYC (02:31:00 in video)

Moderator: Vincent Alvarez, Chair of the Board of Directors, Federal Reserve Bank of New York, and President, New York City Central Labor Council, AFL-CIO

Abby Jo Sigal, Executive Director, NYC Mayor’s Office of Talent and Workforce Development

Lauren Andersen, University Associate Provost, CUNY Careers and Industry Pathways

Gregory Morris, CEO, NYC Employment and Training Coalition

Kiersten Barnet, Executive Director, New York Jobs CEO Council
12:55pm-1:00pm  Closing Remarks (03:31:20 in video)

Jack Gutt, Head of the Communications & Outreach Group, Federal Reserve Bank of New York



Speakers

Jaison Abel
Head of Urban and Regional Studies
Federal Reserve Bank of New York


Vincent Alvarez
Chair of the Board of Directors, Federal Reserve Bank of New York
President, New York City Central Labor Council, AFL-CIO


Lauren Andersen
University Associate Provost
CUNY Careers and Industry Pathways


Kartik Athreya
Director of Research and Head of the Research and Statistics Group
Federal Reserve Bank of New York


Kiersten Barnet
Executive Director
New York Jobs CEO Council


Richard Florida
Professor in the Rotman School of Management and Distinguished Scholar-in-Residence
School of Cities at the University of Toronto


Maria Gotsch
President & CEO
Partnership Fund for New York City


Jack Gutt
Head of the Communications & Outreach Group
Federal Reserve Bank of New York


Cecilia Kushner
Executive Vice President and Chief Strategy Officer
NYCEDC


Gregory Morris
CEO
NYC Employment and Training Coalition


Andrew Rein
President
Citizens Budget Commission


Abby Jo Sigal
Executive Director
NYC Mayor’s Office of Talent and Workforce Development


John C. Williams
President & CEO
Federal Reserve Bank of New York


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