JPMorgan Chase giving $4 million for effort to boost Detroit jobs

DETROIT (AP) - Financial giant JPMorgan Chase is giving $4 million to an effort to match 10,000 Detroit high school students with career education and work experiences.

The grant to help boost employment over the next three years is part of the bank's New Skills for Youth effort. The Detroit Free Press reports it's in addition to a $100 million commitment made in 2014 to Detroit's economic recovery.

United Way for Southeastern Michigan, the Skillman Foundation, the Ford Foundation and the Ford Motor Company Fund are involved. The Skillman Foundation invested $650,000 into Linked Learning and says it plans a similar-sized investment over the next three years.

The Ford Foundation committed up $2 million and is now committing an additional $2.4 million over three years to Linked Learning.

Published: Fri, Jun 03, 2016