EOP: Reimagining Workforce and Economic Development in the South
Why It Matters
Redefining workforce development is crucial to ensure public dollars generate quality jobs for Southern workers, directly influencing economic mobility and the nation’s overall productivity.
Key Takeaways
- •Counting jobs and credentials no longer ensures quality employment.
- •Most post‑secondary credentials add little economic value for workers.
- •Tax incentives often favor big firms, leaving communities under‑served.
- •Focus should shift to upgrading low‑wage essential jobs.
- •Collaboration across employers, workers, and government is essential.
Summary
The Aspen Institute’s Economic Opportunities Program convened a panel of Job Quality Fellows to rethink workforce and economic development in the Southern United States. The conversation, part of a broader "Fixing Work in the South" series, highlighted a growing job‑quality crisis and questioned the effectiveness of traditional metrics that count jobs created or credentials earned.
Speakers argued that the old playbook—relying on sheer job numbers, tax incentives, and credential accumulation—fails to deliver decent wages or career pathways. With more than 1.5 million post‑secondary credentials on the market, research shows most provide little economic value, while public subsidies often flow to large corporations without improving local job quality. Low‑wage workers remain trapped in insecure, poorly paid positions despite full‑time or multiple jobs.
Matt Helmer cited the American Job Quality Study, noting only 40 % of Americans consider their jobs good. Fellows shared personal examples: Kim Eckert described growing up in a small, highly incarcerated Louisiana town where luck, not skill, dictated employment outcomes; Colby Hall pointed to $60 billion in federal investment in Appalachia that has not lifted median incomes or job quality. The panel emphasized upgrading essential roles—such as home‑care aides and CNAs—rather than merely funneling workers into new credentials.
The discussion concluded that a reimagined approach must be worker‑ and employer‑led, integrating workforce and economic development policies, and leveraging cross‑sector collaboration. By focusing on job quality, community ownership, and systemic investments in education, transportation, and health, Southern regions can create sustainable pathways to economic mobility and broader national prosperity.
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