Posted June 13, 2022
Once again, the City of Miami received grants from the Cities Fund for Financial Empowerment (CFE Fund) and the Citi Foundation’s Summer Jobs Connect Initiative to create paid summer jobs and provide financial education to Miami youth living in disadvantaged neighborhoods. The City allocates funds to the Overtown Youth Center (OYC) to expand the reach of the program and provide a path to economic self-sufficiency for Miami’s youth.
The Miami Summer Jobs Connect (SJC) program has been a success since its inception in 2014, employing 1,516 youth and resulting in 364,745 hours worked, $3.2 million paid in wages, 744 new bank accounts opened, and savings of more than $630,000. SJC offers distinctive and unique experiences to youth ages 16-19 to earn money, gain valuable skills, and understand how to care for their financial future. From the beginning, Mayor Francis Suarez has been a strong supporter of SJC, as the program provides meaningful employment opportunities to local youth while educating and training them in credit and money management. “The Miami Summer Jobs Connect program fosters the entrepreneurial spirit of Miami’s youth through hands-on experiences that no other book could replace. I am very pleased to see the continued success of the program, as I know it means our youth will gain the essential skills to ultimately become the next leaders in our community,” said Miami Mayor Suarez.
This year’s program will return in person and provide hands-on experience, knowledge and skills for the future. Financial education lessons are crucial to understanding the importance of work experience and financial education. These young entrepreneurs will be assigned to work in city departments, local agencies and nonprofits throughout Miami to ignite their entrepreneurial mindset and strengthen their financial skills to easily join the “future-ready workforce.”
With the continued partnership and generous support of the Citi Foundation, Cities for Financial Empowerment Fund, and the Overtown Youth Center, the City of Miami has provided a sustainable path to prosperity for Miami’s youth by giving them the opportunity to see what the future holds. in terms of financial stability, education, workforce, and the professional skills necessary for long-term success.