Civic Progress, an organization of top executives from the region’s largest companies made donations totaling $614,000 to four community programs aimed at improving economic opportunities for St. Louis-area youth, particularly in North County.
Civic Progress said the donations are part of its commitment to give $2 million over the next four years, and it will be investing in organizations working on recommendations from the Ferguson Commission’s Forward Through Ferguson report.
Civic Progress St. Louis made a donation Monday to organizations that are working to make the quality of life better in North St. Louis County.
Civic Progress donated more than $500,000 to the Urban League, Better Family Life, and STL Youth Jobs. All three groups received $100,000. A donation was also made to UMSL and both the Ferguson-Florissant and Riverview Gardens School Districts.
“You can’t succeed if one portion of the community is moving forward and one portion is moving behind. It won’t work. I think all of us recognize that. Today is a recognition of helping folks that have more challenges perhaps than others in their lives,” said Civic Progress Executive Director Tom Irwin.
Civic Progress is made up of CEOs from Missouri’s 35 largest companies. It has pledged to donate more than $2 million in the coming years towards improvements in North County.
More Cities Creating Skills-Based Summer Roles that Align with Future Job Opportunities
JPMorgan Chase & Co. today released a report illustrating how a lack of summer jobs is impacting youth unemployment and creating roadblocks to economic mobility for many young people in the United States. Demand for summer employment remains higher than the number of available job opportunities, according to a new survey of 15 U.S. cities. Despite the creation of more summer roles, only about 38 percent of teens and young adults looking for summer jobs were able to find positions through 18 summer employment programs in the 15 cities surveyed over the last two years.
These findings are part of a new report, Expanding Economic Opportunity for Youth through Summer Jobs, which highlights the importance of summer employment opportunities for teens and young adults and the benefits they provide, including workforce readiness, skills development and higher graduation rates. JPMorgan Chase has supported the development of several programs that equip young people with education and training that aligns with the changing needs of businesses. The report, which is based on a survey of Summer Youth Employment Programs (SYEPs) that are supported by JPMorgan Chase, also reveals that the summer employment rate for teens across the U.S. has fallen to 34 percent, a near record low and a 20 percentage point drop since 1995.
“Despite all of the challenges Summer Youth Employment Programs face, we’re seeing a continued commitment from cities to provide young people with greater access to economic opportunity,” said Chauncy Lennon, Head of Workforce Initiatives, JPMorgan Chase. “But we must make it a national priority to close the gap between the demand and supply of summer jobs.”