MCALLEN, Texas – According to a senior vice president of the Federal Reserve Bank of Dallas, Blake Hastings, the average person graduating from South Texas College today will have his job disrupted five or six times, due to technology changes. 

Hastings gave an update on the state of the economy at the national, state, and regional levels during a presentation at the virtual South Texas College INNO 2020. He said the Federal Reserve Bank is hopeful the lame duck Congress will pass an economic stimulus bill.

South Texas College partnered with La Universidad Autonoma de Tamaulipas to host the binational INNO 2020 Conference. INNO stands for innovation.

Hastings has made a presentation on the state of the economy in each of the last four innovation conferences hosted by STC. During his presentation, Hastings applauded the work of Dr. Shirley A. Reed, who is set to retire as STC’s founding president. 

Here are some of the highlights from Hastings’ presentation:

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