"It feels like we’re in a different moment"

Her comments took me back to the social media posts depicting people banging pots and pans to cheer on healthcare workers at shift change time, to the small acts of gratitude I witnessed people do for the cashier at the local grocery store. [...] For its part, the Cleveland Fed is working to keep the conversation going: Join us for the session “Praise Is Not Enough: Solutions for Closing the Pay Gap for Our Essential Workers” at our Policy Summit 2021 conference. [...] The challenging financial lives of young adults In the United States, 31 percent of Black and 28 percent of Latinx young adults reported struggling with unmanageable amounts of debt, compared with 22 percent of white and 17 percent of Asian young adults. [...] Workforce People and Households Goodbye, downtown? Not-so-great expectations A shift to home offices, the shuttering COVID-19 vaccines promise to give of service businesses because of the post-pandemic optimism and pandemic, and civil upheavals seem to consumer spending a needed boost, have resulted in an urban exodus. [...] My observation is that it’s affecting most of the communities the Fed is charged with serving, so it feels like the right time to talk about resilience and what we are doing to include in our work the perspectives of and lessons from communities of color, lower-income communities, and people who have been historically excluded.