From Bloomberg Philanthropies <[email protected]>
Subject America's students need paths to in-demand jobs. We have a plan.
Date January 17, 2024 1:37 PM
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Opportunities to earn a family-sustaining wage right out of high school. ‌ ‌ ‌
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John,

In communities across America, students are missing out on opportunities for
good, in-demand jobs, and the chance to earn a family-sustaining wage right out
of high school.

High-growth industries like IT, advanced manufacturing, and financial
services are eager to fill roles that require more than a high school diploma,
but not a bachelor's degree. In the healthcare field alone, there are nearly
two million job openings, and that number is expected to double by the
beginning of the next decade.

But in too many cases, our education system isn't providing the training and
skills that students need.

Today, Bloomberg Philanthropies announced a significant investment to help
address this challenge: a first-of-its-kind, $250 million initiative to create
healthcare-focused high schools that will provide students with specialized
skills, and connect them with job opportunities in the field.
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LEARN MORE
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READ THE NEW YORK TIMES STORY
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The new initiative builds on Bloomberg Philanthropies' existing support for
career and technical education in fields where skilled workers can find good
jobs without a four-year college degree. "For too long, our education system
has failed to prepare students for jobs in high-growth industries," said Mike
in a video announcing the new healthcare focused program. "Our goal is for this
model to be replicated in any region and in other industries, too."


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WATCH MIKE'S MESSAGE
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Through the creation of new high schools in 10 communities including the urban
locations Boston, MA; Charlotte, NC; Dallas, TX; Durham, NC; Houston, TX;
Nashville, TN; New York, NY; and Philadelphia, PA; and the rural areas
Demopolis, AL and Northeast, TN (six locations), the initiative will pair
public education systems and hospitals to serve nearly 6,000 students.

The program will offer students academic programming, specialized healthcare
classes, work-based learning at the partner health system, and the opportunity
to earn industry-valued credentials and certifications.

All of the health system partners have committed to providing job
opportunities for graduating students, allowing them to enter healthcare jobs
immediately, or choose to advance their healthcare career through
post-secondary education.

The initiative serves dual goals of meeting America's need for more
healthcare workers and strengthening our middle class. "By giving students a
head-start on careers that offer them opportunities for growth, they'll have a
chance to pursue their dreams," said Mike. "And as students reap the benefits,
so will our country."

Learn more about this new, first-of-its-kind effort:


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Thanks,

Bloomberg Philanthropies



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About our work

Bloomberg Philanthropies invests in 700 cities and 150 countries around the
world to ensure better, longer lives for the greatest number of people. The
organization focuses on creating lasting change in five key areas: the Arts,
Education, Environment, Government Innovation, and Public Health.


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Public Health

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Education

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Government
Innovation

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Environment

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The Arts

Bloomberg Philanthropies encompasses all of Michael R. Bloomberg's giving,
including his foundation, corporate, and personal philanthropy as well as
Bloomberg Associates, a philanthropic consultancy that advises cities around
the world. In 2023, Bloomberg Philanthropies distributed $3 billion.

Learn more at Bloomberg.org
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