1. Maureen Conway Executive Director, Economic Opportunities Program The Aspen Institute Maureen.conway@aspeninst.org @conway_maureen 1

2. People in need of (better) Jobs = 42.8 million Job Openings = 4.8 million (Aug 2014)

3. Only 6% hospitals; 16% Home Health & LTC 63% Retail 40% Admin & Waste Svcs 5% in goods producing sectors 88% of new Jobs in Service Sector Source: U.S. BLS Employment Situation Summary, October 3, 2014 +100% in food&drinking establishments

4. Monthly Expenses1 Adult 1 Adult, 1 Child 2 Adults, 2 Childn Food$242$357$713 Child Care$0$788$0 Medical$136$391$356 Housing$1,129$1,359 Transport'n$262$509$629 Other$104$223$222 Req'd monthly inc. after taxes $1,873$3,627$3,279 Annual taxes$4,045$7,833$7,073 Req'd annual inc. before taxes $26,521$51,357$46,421 Poverty Threshold (nat’l: U.S. Census) $11,670$16,057$23,624 Living Wage$12.75$24.69$32.30 5. Food Prep/Serving: $18,260 9. Janitors & Cleaners: $22,320 4. Home Health Aides: $20,820 8. Cust Svc Reps: $30,580 7. Sec. & Admin Assts.: $32,410 6. Nursing Assistants: $24,420 3. Retail Sales Persons: $21,110 2. Registered Nurses: $65,470 1. Personal Care Aides: $19,910 10. Construction Laborers: $29,990 *Source: U.S. BLS Occupational Outlook, 2012 median pay. Making Ends Meet on Earnings : MIT’s Living Wage Estimator (Bronx Region) Most New Jobs*

5. Does it have to be this way? Employee Comp. Company Success

6. One Model: The SOURCE Economic Crisis management for workers – State caseworkers – Private case workers – Pub/priv. resources for: Food, transportation, bills, childcare Improved Retention for Employers – Return on Investment high – Positive civic engagement

7. Maureen Conway Executive Director, Economic Opportunities Program The Aspen Institute Maureen.conway@aspeninst.org @conway_maureen 7