Jamie Dimon, CEO of JPMorgan Chase & Co.
Giulia Marchi | Bloomberg | Getty Images
The CEOs of banks, tech companies and consulting firms form a group to encourage hiring from underrepresented groups in New York.
Leaders of 27 companies representing much of New York’s dominant industry have teamed up to form the New York Jobs CEO Council, which aims to hire 100,000 low-income people Black, Latinx and Asian communities until 2030, according to a release.
The co-chairs of the new organization include Jamie Dimon, CEO of JPMorgan Chase; Arvind Krishna, CEO of IBM, and Julie Sweet, CEO of Accenture. Other initial members of the CEO group include Jeff Bezos of Amazon, Satya Nadella of Microsoft; Sundar Pichai of Google and David Solomon of Goldman Sachs.
The coronavirus pandemic has helped increase inequality in U.S. cities, resulting in more job losses and poorer health outcomes for people in low-income neighborhoods. About 40% of lower-income Americans lost their jobs when the coronavirus began attacking the U.S. economy, the Federal Reserve said in May.
“Many New Yorkers are stuck in low-paying jobs that could be lost in the future or struggle to navigate the job market,” during the pandemic, Dimon said in the release. “We are using our collective strength to prepare the city’s workforce for the skills of the future and to help New Yorkers who are left behind get a foot in the door.”
The group will be led by Dr. Gail Mellow, former president of LaGuardia Community College, plans to help companies hire people for entry-level jobs that put them on a career path. The 100,000 figure includes 25,000 jobs and students for City University of New York students.
“The new initiative will play an important role in connecting diverse communities with career resources and access to New York’s world – class educational institutions,” said Gov. New York, Andrew M. Cuomo, in a statement.
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