City announces $600 million career action plan to build job opportunities
More than 250,000 young New Yorkers will have more school and work opportunities, according to Mayor Eric Adams' new citywide action plan.
The $600 million plan will build partnerships between both private companies and public institutions to give students in the city hands-on experience and begin work with a competitive edge.
One of the highlights of the initiative includes investing millions of dollars to expand several CUNY campuses. It also includes $130 million of federal funding to train New Yorkers in fast growing industries including partnerships with companies in the South Bronx.
The plan will also build tech apprenticeships with the Metropolitan Transportation Authority allowing those out-of-school and out-of-work with a chance to build their skills for steady employment.
Adams says giving these opportunities to New York residents not only helps them but gives the companies that hire them more than just local talent. Adams adds it comes after the city recovered all of the nearly one million jobs lost during the pandemic.