Major Contribution by Citi Foundation Funds Jobs for At-Risk City Youth

ST. LOUIS, MO/June 1, 2017 (STL.News) Citi Foundation Funds Jobs – More youth in the city of St. Louis will have summer jobs this year, thanks to a major philanthropic donation.

STL Youth Jobs has received $297,000 as part of its Summer Jobs Connect program, designed to provide jobs to youth ages 16-24. Now in its fifth year, STL Youth Jobs has provided nearly 2,000 youth with paid work experience and career and mentoring services. The program is designed to reduce crime, increase academic success and build career skills.

The donation will provide 160 jobs to young people in St. Louis city and will shore up agencies such as SLATE (St. Louis Agency on Training and Employment) that support youth employment.

Newly-elected St. Louis Mayor Lyda Krewson announced the gift at a news conference this week. “This investment from the Citi Foundation and the CFE Fund to provide employment for more than 160 teens and young adults living in neighborhoods with high poverty, crime, and low educational attainment is significant,” said Krewson. “This investment will not only allow our city’s young people to earn a paycheck but will also empower them to manage and keep their hard earned money.”

The program aims to increase financial literacy as well. Participants are given access to a free checking and savings account and receive financial education.

Funding one youth employee job costs an estimated $2,500. In total, the Citi Foundation has invested $866,400 in St. Louis as part of its thirteen-city Summer Jobs Connect initiative. There’s often a waiting list for positions.

For more information on STL Youth Jobs,
visit www.stlyouthjobs.org [www.stlyouthjobs.org], follow on Twitter @stlyouthjobs or visit Facebook www.facebook.com/stlyouthjobs

You can see Mayor Krewson’s news conference about the donation here:

Job Losses in St. Louis Area Remain Higher Than the National Average

ST. LOUIS, MO/June 1, 2017 (STL.News) Despite a strong tech and health sector, the St. Louis area posted an increase in unemployment in April, with the rate rising to 4.1 percent.  That number is based on seasonally adjusted labor statistics released today by the Federal Reserve Bank of St. Louis. Although Metro St. Louis has … Continue reading Job Losses in St. Louis Area Remain Higher Than the National Average

Global stocks mostly higher as China falls

BEIJING/June 1, 2017 (AP)(STL.News) Global Stocks — Global stock markets were mostly higher Thursday following Wall Street’s decline while Chinese stocks fell after a survey showed manufacturing activity weakening. KEEPING SCORE: France’s CAC-40 gained 0.5 percent to 5,308.60 and Germany’s DAX advanced 0.4 percent to 12,660.42. London’s FTSE 100 retreated 0.3 percent to 7,543.86. On … Continue reading Global stocks mostly higher as China falls

NRCS State Technical Committee Meeting is June 14 at Jefferson City

COLUMBIA, MO/June 01, 2017 (STL.News) – The USDA Natural Resources Conservation Service (N.R.C.S.) will host a State Technical Committee meeting from 8:30 a.m. – 12:15 p.m. June 14 at the Lincoln University Carver Farm, 3804 Bald Hill Road, at Jefferson City.  Registration will begin at 8 a.m. The meeting will allow Missouri citizens and representatives … Continue reading NRCS State Technical Committee Meeting is June 14 at Jefferson City