News Release

Winter Institute

Thursday, February 24, 2011

Julie Hotchkiss, research economist at the Federal Reserve Bank of Atlanta.

Business leaders, academics, community leaders and students are invited to learn more about “the jobless recession” during the 49^th Winter Institute March 3 in St. Cloud.

Late registration online is still available

Alternative registration available by contacting Charlotte Kastanek at 320-308-4723

View the Business Event schedule

View the Academic Event schedule

St. Cloud State’s annual business and economic leadership summit asks presenters and participants these and other questions: Is the jobless recession due to outsourcing or lack of skilled workers? What skills do employers need to stay on the cutting edge? What does the New Economy have in store for workers and employers?

Four prominent economists will present on topics tied to the theme "Tomorrow’s Workforce: Demand & Supply":

James J. Heckman is the Henry Schultz Distinguished Service Professor of Economics at the University of Chicago, where he has served since 1973. In 2000, he won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. Heckman directs the Economics Research Center and the Center for Social Program Evaluation at the Harris School for Public Policy. In addition, he is the Professor of Science and Society in University College Dublin and a senior research fellow at the American Bar Foundation.

Narayana Kocherlakota is president of the Federal Reserve Bank of Minneapolis. As president, Kocherlakota serves on the Federal Open Market Committee, the policymaking arm of the Federal Reserve System.

Julie Hotchkiss is a research economist and policy advisor in the regional group of the research department at the Federal Reserve Bank of Atlanta. Her major fields of study are earnings and employment differentials across different groups of workers, variations in employment and earnings across time, and policy implications of changes in labor supply.

Terry J. Fitzgerald is a senior economist and assistant vice president at the Federal Reserve Bank of Minneapolis. He conducts research on national and regional economic issues, advises the bank president and board of directors on economic policy and current macroeconomic conditions, and serves as the executive editor of fedgazette, a regional economics and business newspaper.

A discussion panel will feature economists Fitzgerald, Hotchkiss and Heckman with business leaders Bryan Myres and Jill Magelssen.

Myres, a St. Cloud State graduate, is head of sales for ING Direct USA, the nation's foremost online banking-services firm. Magelssen is the local franchise owner for Express Employment Professionals, a multinational network of employment agencies.

Presenting the luncheon address will be Chris Farrell, economics editor for Marketplace Money, American Public Media's nationally syndicated personal finance program on public radio.

As in the past, the Winter Institute features the 2011 Economic Outlook, which includes regional, state and national forecasts. Providing analysis will be St. Cloud State economics professors Rich MacDonald and King Banaian, as well as Thomas Stinson, economist for the State of Minnesota, and Steven Hine, director of labor market information research for the Minnesota Department of Employment and Economic Development.

Winter Institute parking is free on streets adjacent to campus. Parking in the 4th Avenue Parking Ramp is $1 per hour.

Events are in Atwood Memorial Center and Ritsche Auditorium. View the Campus Map.

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