Citi Foundation Announces Largest Philanthropic Commitment Ever to Reduce Youth Unemployment

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Citi Foundation Announces Largest Philanthropic Commitment Ever to Reduce Youth Unemployment

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Young people today make up the largest youth population in history. Their successes and struggles are as diverse as their personalities and aspirations. However, in all corners of the globe, this generation faces a common challenge: persistent, high rates of youth unemployment. Left unaddressed, the consequences reverberate across our cities and affect us all.

That’s why the Citi Foundation just announced their expanded Pathways to Progress commitment with a new $100 million investment to impact the lives of 500,000 young people, ages 16-24, in cities around the world by 2020. To support these efforts, Citi is mobilizing 10,000 Citi volunteers to serve as mentors, coaches, and role models to help young people move towards their career goals.

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Citi’s journey with Pathways to Progress began three years ago, and they have since invested $50 million to help 100,000 youth across the United States become career ready. This video features some of the youth who have been impacted by Pathways to Progress thus far.

The Citi Foundation is intentional about learning what works, what doesn’t, and how to test, scale and replicate proven solutions going forward. A big part of their learnings is through the research they support. They recently released Global Youth Survey 2017: Economic Prospects & Aspirations to understand what young people need to succeed.

We all have a role to play to empower the next generation to be the most employable yet and help them reach their full potential.

Please follow the conversation on social media with #Pathways2Progress

Congratulations Citigroup Inc.!