Job training programs funded by the Neighborhood Jobs Trust (NJT) have made a significant impact on many participants’ economic well-being, a new report shows. The Fiscal Year 2015 report, released by the Mayor’s Office of Workforce Development (OWD), found that
New Study Shows Benefits of Summer Youth Employment Program
Young people who participated in Boston’s summer jobs program last year showed greater job readiness skills, higher academic aspirations, and more positive attitudes towards their communities, according to a study released this month by the Federal Reserve Bank of Boston. Of
Panel Considers Ways to Increase Boston’s Economic Equity
Before a room of people interested in economic fairness, John Hickey shared how his family strove from disadvantage to stability. In the 1950s, he said, his Irish immigrant parents were able to buy a house in the city and raise five kids
Credit-Building Program Launched for Young Adults
The Office of Financial Empowerment (OFE), a division of the Mayor’s Office of Workforce Development, recently launched a first-of-its-kind credit-building program for young adults ages 18-28. Over the course of a year, the program aims to introduce young people to the
OWD to Explore “Pay For Success” Contracting for Boston’s Summer Youth Employment Program
The Mayor’s Office of Workforce Development was one of five organizations nationwide selected by Third Sector Capital Partners to receive an individualized feasibility study for implementing Pay for Success (PFS) contracts with youth programs. The OWD will use this technical
Labor Report Shows Need for Education and Job Training
A new labor report commissioned by the Mayor’s Office of Workforce Development (OWD) shows that while the city is enjoying an economic boom, many residents have been unable to share in that prosperity. Although Boston’s unemployment rate has dipped to a