Launched in 2016, JPMorgan Chase & Co. New Skills for Youth (NSFY) is a $75 million, five-year global initiative aimed at transforming how cities and states ensure that young people are career ready. The local investments from across the world - Innovations Sites - aim to identify and implement the most promising ideas in career education, with a special focus on communities with the greatest needs.
In South Bronx, New York 23 percent of youth are out of school and out of work. Among those working, half are employed in low-paying jobs. To change the trajectory for these learners, JPMorgan Chase & Co. has invested in four initiatives working to increase meaningful work-based learning opportunities for South Bronx students. Each South Bronx initiative has its own set of goals focused on specific outcomes, but all are collectively working towards creating equitable systems change so that more learners have access to living-wage career pathways.
This snapshot profiles the four investments of the South Bronx NSFY Innovation Site. The four investments focus on strategies to support the development of a high-quality data system, to increase employer engagement, and build a new sustainable apprenticeship model that will lead to more registered apprenticeship opportunities in South Bronx in transportation, distribution and logistics. The four NSFY investments in the South Bronx are:
- Consortium for Worker Education (CWE);
- New York Alliance for Transport and Logistics Advancement Services Initiative (NYATLAS);
- New York Alliance for Careers in Healthcare (NYACH) Ready for Healthcare Initiative; New Visions for Public Schools Data Infrastructure for South Bronx Initiative; and
- Per Scholas Designing Transformative Tech Career Pathways in South Bronx Initiative.
To learn more about the NSFY Innovation Sites, visit the NSFY Innovation Sites Snapshots series page.