Y.O.U. Awarded Funds for Summer Youth Employment From JPMorgan Chase

Company News

May 22

Y.O.U. was one of 19 organizations from across the country that received funding from JPMorgan Chase. The award is part of the corporation's $17 million, five-year commitment to U.S. cities working to increase the number of teens with access to quality summer work experiences that put them on a path to greater self-sufficiency.

Y.O.U. was awarded $150,000 for its 2017 Summer Youth Employment Program.

This summer, $3 million of the $17 million investment in Summer Youth Employment Programs (SYEPs) will go to organizations in 19 U.S. cities that provide training and work experiences for young people. The cities include Chicago, IL; Cleveland, OH; Dallas, TX; Plano, TX; Detroit, MI; Indianapolis, IN; Louisville, KY; Milwaukee, WI; St. Louis, MO; Boston, MA; Fort Lauderdale, FL; Jersey City, NJ; Miami, FL; New York, NY; Newark, NJ; Philadelphia, PA; Sacramento, CA; San Francisco, CA; and Seattle, WA

“It’s a moral and economic crisis that too many young people graduate high school without clear pathways to good jobs,” said Jamie Dimon, Chairman and CEO, JPMorgan Chase. “We must make it a national priority to provide youth with the skills they need to succeed, and this starts by providing them with meaningful summer work. Our Summer Youth Employment Program does just that by exposing more students to jobs that teach them the skills they need to find careers in growing industries later on.”

According to a press release, the five-year, multimillion dollar investment will support efforts to strengthen the summer youth employment field nationally by fostering learning, collaboration and innovation across U.S. cities. By 2025, 65 percent of jobs in the United States will require some postsecondary education, training or credential – up from 28% of jobs in the 1970s. These heightened expectations will require young people to gain work experience and develop skills today to enable them to compete in the global workforce in the future.

Y.O.U.’s Summer and Year Round Employment and Internship Program provides subsidized jobs and internships to teens and young adults throughout Cuyahoga County. Training provides financial capability and necessary job success skills. Support assures a high quality work experience, and connection to a potential full-time job after the experience is complete.

Full JPMorgan Chase press release here.

YOU Administrator