JPMorganChase and the Mayor of Jersey City, Steven Fulop, announced a $1 million investment over the next two years to Jersey City to fund workforce development. The $1 million investment in Jersey City will assist the administration’s efforts in building a system which meets the demands of Jersey City’s business community and its workforce by analyzing the job skills needs of local employers, as well as investing in local job training programs.
“We have set the stage for a workforce renaissance in Jersey City through policies that both create jobs and provide training and access to employment," said Mayor Fulop. “This significant investment from JPMorgan Chase will allow us to bring that to the next level by offering residents access to the kind of quality training they need to secure skilled jobs and advance their careers.”
The investment by JPMorgan Chase through the New Skills at Work Initiative will help residents gain the skills they need to compete in the labor market.