In a chapter for Investing in America's Workforce: Improving Outcomes for Workers and Employers, published by Atlanta Federal Reserve, LISC CEO Maurice A. Jones, describes how local solutions are key to filling the middle-skills employment gap and catalyzing opportunity across the country. Using an integrated services approach through the Financial Opportunity Center and Bridges to Career Opportunities models, LISC and its partners have worked with residents of underresourced communities to help them on a pathway to living-wage jobs. These local innovations can enhance traditional workforce development strategies and supply underused talent to meet employers' growing demand for workers.
In a new study from Duke University’s Center for Advanced Hindsight, behavioral science takes center stage, as researchers consider what motivates clients at LISC Financial Opportunity Centers and offer new ways to increase retention in the program so that more people have the chance to improve their financial outlook.
For low-income students, attending—and paying for—a four-year college can be far out of reach. Offering opportunities to receive career-specific training and earn credentials, community colleges serve as an avenue to skilled jobs for students who may not be in the right circumstances to attend a four-year college and who do not need a four-year degree to earn a decent living.
An independent study has found that Financial Opportunity Center clients, who access a range of services, have more success meeting their financial goals than people in programs offering employment assistance alone. Their gains include landing and keeping a job, growing credit and increasing annual earnings. The research findings will help LISC refine and propel its financial stability work on behalf of low-income Americans.
This resource includes a selection of informational resources for organizations interested in learning why service integration can be an effective approach, and best practices for implementing that model in their communities.