Place-Based Strategies: Strengthening Local Economies Through Labor Market Policies

Place plays an important role in shaping the economic outcomes of residents. Place-based stratgies have long been used to address employment and mobility barriers in lower-income communities. However, evidence on the effectiveness of such intiatives has been mixed. During this seminar, presented by the Federal Reserve Banks of Atlanta and Philadelphia on August 12, 2026, researchers examined the impact of workforce development programs, shared ideas to strengthen their effectiveness, and offered insights to help inform future place-based strategies.

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Place-Based Strategies: Strengthening Local Economies Through Labor Market Policies

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