JPMorgan Chase Awards $8.6 Million for Healthcare Workforce Programs

JPMorgan Chase Awards $8.6 Million for Healthcare Workforce Programs

JPMorgan Chase & Co. has announced grants totaling $8.6 million to provide healthcare job seekers with critical skills that are in demand but hard to find.

Part of JPMorgan Chase's $325 million global investment in skills development, the new initiative aims to provide low-income Americans with the skills they need to move into the middle class while helping healthcare organizations better serve an aging population. To that end, the initiative will focus on building collaborative partnerships in the areas of training and workforce alignment; providing apprenticeships that combine paid on-the-job training with classroom-based learning; and developing data-driven hiring solutions.

Recipients of the grants include H-CAP, a national labor/management organization, which was awarded $1 million to implement registered apprenticeships programs in at least five states (California, Connecticut, Massachusetts, New York, and Pennsylvania); New York City-based Northwell Health, which will receive $750,000 to provide continuous learning opportunities to staff; Seton Healthcare Family in Austin, which was awarded $730,000 for a pilot initiative that will create career pathways for frontline Seton Healthcare workers and build the system’s capacity to develop a long-term strategic focus on workforce development; and the Foundation for the Seattle Colleges, which will receive $240,000 in support of a program that places well-trained non-traditional students into high-demand healthcare jobs.

"Through conversations with clients and partners, JPMorgan Chase has a unique vantage point for understanding how to address challenges healthcare organizations are facing when trying to find skilled workers and better serve patients," said Chauncy Lennon, head of JPMorgan Chase's Workforce Initiatives. "By investing in skills-training solutions to fill well-paying, high-demand healthcare jobs, we’re not just providing individuals with economic opportunity, but helping to improve entire communities and the U.S. economy."

For a complete list of recipients, see the JPMorgan Chase website.