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Creating a more equitable economy in New York City won’t only require bold action from city government officials. New York’s private sector employers will also need to step up, with new programs that create far more opportunities for New Yorkers of color to gain access to the well-paying jobs they are creating and advance into even better-paying jobs. A growing number of New York-based employers are doing just this, with promising investments in paid internships, apprenticeships, mentoring, on-the-job training programs and other efforts to change their recruitment, hiring, and retention practices. But more is needed.
This forum explored the role of employers in expanding access to good jobs in New York. It shined a light on some of the most promising initiatives that employers here have already launched to help diversify their workforces and explore what’s needed to ensure that far more New York-based employers develop and scale up programs from internships and apprenticeships to skills-based hiring. In addition to examining what employers should do on their own, it discussed what policies the Adams and Hochul administrations could implement to encourage and support greater private sector workforce investments.
This symposium was made possible through generous support from Accenture and Google. We are also grateful for general support from The Clark Foundation, the Bernard F. and Alva B. Gimbel Foundation, the Altman Foundation, and ongoing support from a number of other philanthropic funders.
Center for an Urban Future is a catalyst for smart and sustainable policies that reduce inequality, increase economic mobility, and grow the economy in NYC.
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