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JP Morgan Chase Report Identifies Skills Gaps, Solutions

NEW YORK, Apr 16, 2015 (BUSINESS WIRE) — JPMorgan Chase & Co. today released a first-of-its-kind roadmap addressing the mismatch between the needs of employers and the skills of current job seekers in Detroit. This skills gap report provides a comprehensive look at available middle-skill healthcare and manufacturing jobs in the Detroit area and offers data-driven steps local policy makers, community colleges, training providers and private sector employers can take to fill these critical, good paying roles.

JPM ChaseReleased as part of JPMorgan Chase’s five-year, $100 million commitment to Detroit’s economic recovery, the report integrates current labor market information to identify middle-skill occupations that are in high demand. With this data, the firm is working with community partners to expand workforce development and training programs and establish career paths to advanced roles.

“Detroit’s continued economic growth is tied to the quality of its workforce,” said Chauncy Lennon, JPMorgan Chase’s Head of Workforce Initiatives. “This report seeks to help the middle-skill workers identify pathways to well-paying jobs, which will expand the number of qualified workers and attract new business opportunities to accelerate Detroit’s growth.”

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To access the Detroit Skills Gap Report, please click here. Or to view the Detroit Skills Gap Executive Summary, click here.