City of Syracuse Announces Summer Job Opportunities, Financial Education and Access to Banking Services Through National Summer Jobs Connect Initiative

The city of Syracuse is part of a national initiative of 25 cities connecting young workers to financial education and banking security

Common Councilor Rasheada Caldwell and Stakeholders Launch Youth Summer Jobs Scheme

Syracuse, NY – The City of Syracuse announced the launch of its Youth Summer Employment Program on Wednesday, June 8e. With the collaboration of more than 20 partners, more than 1,500 Syracuse youth will be connected to a summer job or enrichment experience, as well as an option to open a safe and affordable banking product with financial education as part of their six-week summer. program. Students can apply for summer jobs on cnyworks.com. The program is run jointly with Onondaga County through CNYWorks, which is currently still seeking work sites for the 2022 program. By participating, local business leaders can provide youth ages 14-20 essential skills for life and work that prepare them for careers in our community.

“Our economy is still recovering from the pandemic. We need to ensure our young people learn new skills and are exposed and excited about how they can participate in the job market, especially after missing out on opportunities due to the pandemic,” said Syracuse Mayor , Ben Walsh. “This summer, we are thrilled to once again offer the Summer Jobs for Youth Program which not only puts our young people on the path to success with summer jobs, but also helps them develop their financial literacy. .

County Executive Ryan McMahon

Onondaga County Executive Ryan McMahon said, “As we continue our recovery from the pandemic, it’s critically important that we continue to invest in our youth so they can have real opportunities to grow and develop. grow with today’s and tomorrow’s economy. By also providing the opportunity to have a financial literacy component in the program, these young people will learn skills that they can take with them long after they complete this program. McMahon continued, “Thank you to CNYWorks, the City of Syracuse and all of our local private partners for making this program a reality.”

Local businesses can still apply to become a host yard and provide opportunities for youth in Syracuse, and in return receive a number of benefits. Work sites arouse young people’s interest in local jobs. They also connect to local talent for free and provide current employees with opportunities to build their management and leadership skills.

Additionally, employer costs to hire young adults can be fully funded by partnering with the city and county. Labor costs are managed by CNY Works. Positions are available as traditional on-site work opportunities or virtual internships.

Announcement of Youth Employment 2022 with program participants.

The Summer Jobs for Youth Program is special because it also connects youth to enrichment resources like Summer Jobs Connect to learn financial literacy and how to manage money. The city’s participation in the Summer Jobs Connect program is supported by the initiative’s funder, the Citi Foundation; the PNC Foundation and the Skillman Foundation also support the national Summer Jobs Connect initiative. Since its launch in 2014, Summer Jobs Connect has provided more than 800,000 low-income youth through 25 municipally-run youth summer employment programs with opportunities to access banking and financial education, and has employed more than 16,500 young people.

The City of Syracuse joins 24 other city partners to add access to banking services and targeted financial education to their summer employment programs for youth. The CFE Fund works with partner cities and counties to ensure that safe and affordable bank accounts are available to young people just as they arrange to receive their income, including through the creation of programs Summer Jobs Connect Youth Account Priorities. Across the country, SJC cities and counties have partnered with more than 50 banks and credit unions that will open accounts for participants, including those under 18; in Syracuse, attendees will have the opportunity to open secure accounts with the Cooperative Federal Credit Union.

“A first job is more than just a paycheck – it’s the first step into the mainstream of finance,” said Jonathan Mintz, President and CEO, Cities for Financial Empowerment Fund. “We are excited to be working with Mayor Walsh and the City of Syracuse to bring the Summer Jobs Connect access to banking and financial education model to young people in Syracuse and thank the Citi Foundation for their longstanding support of this. important work.”

“click” on the brochure to enlarge it.

Summer jobs are transformative experiences that provide young people with early opportunities to navigate the workplace, develop leadership skills and manage paychecks,” said Brandee McHale, head of Citi Community Investing and Development and President of the Citi Foundation. “For eight years, we’ve been proud to support the Cities for Financial Empowerment Fund and its work providing summer jobs and financial education to youth across the country. We look forward to building on this momentum in Syracuse to help reverse the trend of youth unemployment that has been exacerbated by the pandemic in recent years.

Summer Jobs Connect leverages the infrastructure and “paycheck moment” of municipal youth summer employment programs to integrate access to banking services and targeted financial education, serving as a national model for cities and other stakeholders on how access to banking efforts can be integrated into municipal systems. This is a central objective of the national program of the CFE Fund Bank on the initiative, which ensures that everyone has access to safe and affordable financial products and services. The CFE Fund works with city and county partners to ensure the availability of safe and affordable bank accounts for young people.

About the Cities Fund for Financial Empowerment (CFE Fund)

The CFE Fund supports municipal efforts to improve household financial stability by taking advantage of opportunities unique to local government. By translating cutting-edge experience with large-scale programs, research and policies in cities of all sizes, the CFE Fund helps mayors and other local leaders identify, develop, finance, implement and research pilots and programs that help families build assets and get the most out of their financial resources. The CFE Fund currently works in more than 100 cities and counties representing 75 million people, and has disbursed more than $59 million to city governments and their partners to support these efforts. For more information, please visit www.cfefund.org or follow us on Twitter at @CFEFund.



Michael J. Birnbaum