Community Development
To support the growth of an inclusive economy, we work with low- and moderate-income communities to increase access to credit, quality jobs, education, and housing. We also help financial institutions understand their responsibilities under the Community Reinvestment Act.
Who’s Employed in the Early Months of the COVID-19 Recession?
This research explores changes in the employment rate from 2019 to 2020 for residents of PA, NJ & DE and finds particularly large declines for three groups of workers with no more than a high school diploma: Black men, Black women, and Hispanic women.
Event
Feb
4
2021
1:00 PM – 2:30 PM
Skills-Based Occupational Transitions for COVID-19 Displaced Workers
As the country responds to dual health and economic crises, displaced workers will confront a central question: Will they be able to return to their previous jobs or will they need to transition into new lines of work?
Occupational Mobility Explorer
14 Dec ’20
The Occupational Mobility Explorer allows users to examine how workers’ skills could transfer to similar — but higher-paying — occupations. Findings are available for the 33 largest U.S. metropolitan areas.
Report
Gender Disparities in Financial Well-Being from the Survey of Household Economics and Decisionmaking
This report analyzes gender differences with respect to individuals’ banking habits, credit access, and retirement planning from the Federal Reserve Board’s 2018 Survey of Household Economics and Decisionmaking (SHED).
Community Development
Economic Growth & Mobility Project
The EGMP is an initiative of the Federal Reserve Bank of Philadelphia dedicated to promoting equal access to economic opportunity for all.
Report
Household Rental Debt During COVID-19
This report estimates the number of households with rental debt — and the amount of debt owed — resulting from employment losses attributable to COVID-19.