JP Morgan Chase invests millions to prepare workers

JP Morgan Chase invests millions to prepare workers

[ad_1]

rssfeeds.usatoday.com

JPMorgan Chasesays it’s putting millions behind a push to help students get the schooling and experience necessary to land a high-paying job in a growing field.

Jamie Dimon, the bank’s chairman and CEO, was set to announce Wednesday that JP Morgan Chase will dedicate $75 million to an initiative that will focus on preparing students in ten cities over five years.   

The goal is to create a path so that young people, particularly in underrepresented groups, can fill jobs in fields like technology and health care that may struggle to find enough highly skilled workers.

Trump’s budget and student loans:Which student loan programs would vanish if the proposed budget goes through?

How reliable is your new car? These 21 vehicles are the most dependable

“Too many young people are being left behind without the education, skills and experience needed to get well-paying jobs,” Dimon said in a statement. “Now, more than ever, businesses, government, and communities must work together to prepare young people for the future of work so they have a better shot at building a good financial life for themselves and their families.”

Denver will be the first site, receiving a $7 million investment to help support and connect high schools, colleges, employers and students.

A growing skills gap, coupled with baby boomers aging out of the work force, are leading states and individual companies to launch training programs that can create a pipeline of new employees.

Follow Charisse Jones on Twitter @charissejones

[ad_2]

Source link

Published
Categorized as Business

By Bernice Caldwell

Bernice is one of the finest authors Industry News Today portal has until now. Bernice's linguistic and well-written technique is one of the plus points that have the readers glued to her articles. Bernice currently heads the Healthcare and Services domain as her knowledge on the medical topics is immense. She has just joined the Industry News Today portal 6 Months back but the love for writing can be very well seen. She may be short on experience but it has definitely not stopped her from presenting some of the finest articles. Bernice is currently a very well-known personality on the portal to have shown her skillful writing in such a limited time span.

Leave a comment

Your email address will not be published. Required fields are marked *