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Matt Sigelman Matt Sigelman

The New York Times: A 4-Year Degree Isn’t Quite the Job Requirement It Used to Be

New research finds companies are starting to rely less on the college filter in hiring. But it remains an obstacle to opportunity for many.

As a middle school student in New York, Shekinah Griffith saw a television news report of President Barack Obama visiting an innovative school in Brooklyn. Its program included high school, an associate degree in a technical subject, an internship and the promise of a good job.

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Matt Sigelman Matt Sigelman

FORTUNE: These bipartisan solutions can help ease America’s labor crisis

For a nation yearning to rise above partisan rancor, 2022 brings great opportunity for consensus in advancing the mobility and skills of the American worker.

Progressives and conservatives, unions and industrialists, foreign policy hawks, and isolationists can all find common cause in the need for building a more competitive, skilled, and mobile U.S. workforce.

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Matt Sigelman Matt Sigelman

CNN Business: The labor shortage could lead to a recession next year

Over the past 12 months, US consumer prices rose by 7.5%, the highest rate in nearly 40 years. Worse, inflation is showing no signs of slowing.

The Federal Reserve typically fights inflation by raising interest rates, which slows the economy by reducing the demand for goods and services. Ideally, the rate increases are sufficient to slow inflation without leading to a recession. But the problem is that the Fed cannot precisely control the rate of economic growth. So with the central bank expected to raise rates next month, barring a major impact on the US economy from the war in Europe, the question remains: Can the Fed contain inflation without triggering a recession?

While we probably won't see a downturn this year, a recession next year is becoming increasingly likely, for a number of reasons.

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Matt Sigelman Matt Sigelman

Sacramento News & Review: Working together for better jobs, brighter future

California’s local workforce boards and a Sacramento-based nonprofit help people find good-paying jobs—and solve bigger social problems at the same time

Matching a local worker with a local business seems straightforward enough. But this seemingly simple act has ripple effects that can change an individual’s life, build a family’s generational wealth, and help end historical inequities. It can also impact the regional and state economy as more workers—and more business owners—choose to stay here.

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