Citi and Citi Foundation Expand Global Job Skills-Building Initiative to Improve Employability and Economic Opportunity for Underserved Communities
Pathways to Progress to Cumulatively Support Over a Million Youth Globally Through Employment Skills and Entrepreneurship Programs
Citi and the Citi Foundation announced an expansion of the global Pathways to Progress initiative, led by a Citi Foundation investment of $100 million to improve employability and economic opportunity around the world.
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“With our expansion of Pathways to Progress, we are maximizing the training resources and opportunities we can provide to hardworking people, and ensuring that everyone has equal access to jobs and the economic opportunity and security that comes with them.”
Through Pathways to Progress, young people become equipped with the skills and confidence they need to make a positive impact in their lives and their communities and also access employment opportunities to succeed in rapidly changing economies.
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Since 2014, the Citi Foundation has invested approximately $200 million globally in Pathways to Progress programming. By 2023, the Citi Foundation expects to cumulatively impact over a million young people around the world with a total investment of $300 million. In the U.S., the program has served approximately 100,000 Black and Latinx youth over the past three years, and expanded efforts will focus more intently on employment skills and entrepreneurship programs serving communities of color.
“COVID-19 has exacerbated the existing wealth and opportunity gaps facing communities of color and other communities disproportionately impacted by the pandemic, making an already uneven playing field that much worse in terms of employment and job prospects,” said Michael Corbat, CEO, Citi. “With our expansion of Pathways to Progress, we are maximizing the training resources and opportunities we can provide to hardworking people, and ensuring that everyone has equal access to jobs and the economic opportunity and security that comes with them.”
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