Home » News » New York City Launches Workforce Development Council to Support Careers and Businesses

New York City Launches Workforce Development Council to Support Careers and Businesses

New York City launched the Workforce Development Council where a group of leaders from the business community, educational institutions, unions and training providers will help develop strategies that They will help New Yorkers find careers that support families and employers.

An initial investment of $3.5 million will identify Potential private and nonprofit sector partnerswho are interested in developing new learning programs and transforming existing initiatives of talent development in structured learning.

“While our city has regained all private sector jobs lost during the pandemic, our recovery has not benefited all New Yorkers equitably. To change this, we need partners from all corners of our city,” explained Mayor Adams.

The Workforce Development Council will make recommendations to the Mayor’s Office of Talent and Workforce Development (NYC Talent) and to the New York City Workforce Development Board, which is responsible for managing between $60 million and $100 million in annual federal funds of the Workforce Innovation and Opportunity Act.

Inaugural President

Likewise, it was confirmed that Rob Speyer, CEO of Tishman Speyerwill be the inaugural chair of the Workforce Development Council.

Speyer has led the company’s global expansion and diversification strategy, increasing its assets under management to more than $65 billion and launching new business lines including housing, industrial, life sciences and venture investing.

Additionally, he is the president of the advisory board of the Mayor’s Fund to Advance New York Cityfirst appointed by Mayor Bloomberg in 2006, re-appointed by Mayor de Blasio in 2014, and most recently re-appointed by Mayor Adams.

He is also co-president of Partnership for New York City and member of the New York Jobs CEO Council.

“I look forward to collaborating with my fellow members of this council, to identify the most promising career paths for New Yorkers of today and tomorrow”, highlighted the municipal advisor.

The launch of this advisory group fulfills another key recommendation of the Working Group on the Future of Workers of the Adams administration, which created “Paths towards an inclusive economy”, a plan to strengthen the city’s talent ecosystem and create an equitable economy.

To further this goal, the administration recently launched “Jobs NYC”, a multipronged effort to reduce barriers to economic opportunity and provide workforce development services, directly to communities across the five boroughs experiencing high unemployment.

Earlier this year, Mayor Adams unveiled a plan, the first of its kind, to grow the city’s ecological economy and better position New Yorkers to benefit from the almost 400,000 “green” jobs” projected in New York City by 2040.

2024-04-05 21:23:05
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