Keeping teens on track and providing pathways for future success is critically important to building thriving communities and developing the nation’s future workforce. Unfortunately today, there are nearly 6 million young people who are disconnected from work or school, with no concrete plans for the future. Research shows that early employment can offer young adults a better trajectory for success.
That’s why Bank of America recently announced a $40 million commitment over the next three years to support 100,000 teens and young adults through early employment, education, job training, mentoring – all focused on developing a diverse talent pool for our country.
“Investing in young adults to help provide them the opportunities they need to build their career skills makes a meaningful impact in their lives and the lives of our communities,” said Brian Moynihan, CEO, Bank of America.
One initiative that illustrates this work is the bank’s Student Leaders® program which offers high school students a paid summer internship at a local nonprofit and participation in a national leadership summit in Washington, D.C. Bank of America’s 2016 Student Leaders recently shared their hopes for the future and what they need to achieve success – watch here.
The bank’s commitment builds on its long-standing support of youth and young adults and is a demonstration of the company’s strategy to advance sustainable and responsible growth.
Congratulations Bank of America Corporation!