Fed Chair Ben Bernanke speaks at Richmond job growth forum

By Heather Sullivan - bio | email

RICHMOND, VA (WWBT) -  Federal Reserve Chairman Ben Bernanke, the Richmond Fed President, and the Lt. Governor spoke in Richmond at a forum on the future of jobs in Virginia. The Community College Workforce Alliance held the event at J. Sargeant Reynolds Community College East Parham campus.

Fed Chairman Ben Bernanke, the man the country is relying on to help fix the economy, outlined where he believes some of the future jobs will be.

"The Bureau of Labor Statistics anticipates that the demand for workers in health-related occupations will continue to outpace demand in many other industries. According to the bureau, many of the prospective opportunities in health, as well as others expected to be added in transportation and administrative areas, do not require a four year degree," said Bernanke.

He showed his support for this forum, where economists, educators, and policy makers, shared their views on job creation, but warned the future will be tough.

"We will have no easy resolution to the challenge we face in restoring jobs and strengthening the economy. Effort will be required on many fronts," said Bernanke.

Richmond Fed President Jeffrey Lacker says it's a matter of heeding lessons learned.

"We have already applied the lessons learned in ways that have strengthened how we regulate and supervise the financial system and thereby strengthened the economy I believe," said Lacker.

So what's being done to generate new jobs? Educators and Lt. Governor Bill Bolling say the focus is on training workers in new skills to help attract new businesses and jobs to the state. Bolling says that's a goal of the Governor's new Job Creation Commission.

"We're going to be looking at what can we do to better position ourselves to be a good, attractive state for advanced manufacturing projects, for energy projects, for small business projects, for biotech and life sciences, for information technology, for tourism," said Bolling.

Here are the industries where researchers announced you will find jobs in the future: healthcare, information technology, utilities and energy, financial services and public transportation.

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