Economic mobility is vital to a strong economy. Research shows that when people and communities have opportunities to build income and wealth over time, the economy grows stronger.
In support of the Fed’s goal of achieving full employment, the Philadelphia Fed studies the labor market to better understand the barriers people face in accessing jobs and building income. Part of this work includes convening experts and community leaders to inform solutions.
The Federal Reserve Bank of Philadelphia will host the Economic Mobility Summit to advance a national conversation about the importance of economic mobility to the economy.
National and local leaders from government, the private sector, nonprofit organizations, research institutions, and philanthropy are encouraged to attend.
The event will take place in person in Philadelphia. The agenda will feature:
- current and ongoing research on opportunity and economic mobility;
- best practices for building cross-sector, community-led collaboratives focused on increasing upward mobility in regions; and
- breakout discussions and opportunities to learn from other communities.
Attendees will take away actionable steps for cross-sector collaboration and create connections for peer learning.
Partnering organizations include the Federal Reserve Bank of Chicago, The Pew Charitable Trusts, Philadelphia Foundation, and the Urban Institute.