JPMorgan is making a $6 million commitment to education in the South Bronx, New York as part of its New Skills for Youth initiative.
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JPMorgan is trying to tackle a 'moral and economic crisis' in the South Bronx (JPM)
JPMorgan has announced it's making a $6 million commitment to education in the South Bronx, New York as part of its New Skills at Work initiative.
Jamie Dimon
The CEO of JPMorgan has discussed America's education system on a number of occasions in recent weeks. we are creating generations of citizens who will never have a chancee have done a terrible job training our kids at high school, at vocational school, community school, or even college, to get out with a job."
New Skills for Youth is a five-year, $75 million effort to address youth unemployment. The money in the South Bronx program will be used to build new apprenticeship pathways in the transportation, distribution and logistics industries, and to support the development of a data system to measure the impact of the effort.
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