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.”
On May 12, 2016, FOCUS St. Louis, the region’s premier leadership organization, will honor 20 organizations, individuals, and initiatives that are making a difference at the 19th annual What’s Right with the Region! awards celebration. The honorees were nominated by the public and selected by a panel of community judges for their impact and service to the community.
Responding to Community Needs & Entrepreneurs
Honorees are new organizations that are developing practical solutions, responding to identified needs and serving as catalysts for change.
Alive and Well STL
The Ferguson Commission
STL Youth Jobs
STL Youth Jobs, a program that provides eight weeks of employment and work-readiness training to city youth, is accepting applications through May 31 for summer employment this year.
A collaborative effort by partners including MERS/Goodwill, Incarnate Word Foundation, the city of St. Louis, and St. Louis Community Foundation, STL Youth Jobs has provided summer work to over 1,300 young people since summer 2013. In summer 2015, the program directly supported over 400 job opportunities for St. Louis youth and worked with over 115 employers, officials said. For nearly half the participants, this was their first job experience, and over 94 percent of employers agreed to participate again, officials said.
Participating youth must be between 16 and 24 years of age and live in one of the following neighborhoods: Penrose, O’Fallon, Baden, Mark Twain, Walnut Park East, Walnut Park West, Dutchtown, Gravois Park, Tower Grove East or Bevo-Mill.