Fred Dedrick, Executive Director for the National Fund for Workforce Solutions, talks about what success will look like for the New Skills at Work initiative. The National Fund for Workforce Solutions, a partner in the New Skills at Work initiative, partners with businesses, communities, and philanthropies to develop employer-driven workforce strategies to help low-wage workers and jobseekers obtain career opportunities, while creating talent supply chains that close skills gaps and strengthen local economies.
The New Skills at Work Initiative, created and funded by JPMorgan Chase & Co., the $250 million, is a five-year effort to help communities build locally-tailored, demand-driven approaches to workforce training to fit their specific needs. By developing local talent with the actual skills employers need, New Skills at Work can serve as a model for driving broad-based and sustainable economic growth. In partnership with other leading organizations that share JPMorgan Chase's commitment to bridging the skills gap, New Skills at Work will conduct new research into the skills demand and supply gaps in local markets; make targeted investments based on that research to strengthen and scale the most pertinent and effective workforce training programs; and bring together employers, training partners and others to share best practices and build partnerships.
For more information about New Skills at Work, visit www.NewSkillsAtWork.com.
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