JPMorgan Chase on Monday announced a $2.3 million, two-year commitment to NPower to provide technology-focused job training to more than 700 veterans in Jersey City; San Jose, Calif.; and Dallas, Texas.
As part of its $350 million, five-year commitment to meet the growing demand for skilled workers, and JPMorgan’s long-standing pledge to facilitate sustainable, post-service success for veterans and their families, the firm is collaborating with NPower to address the veteran unemployment rate and prepare vets with the skills needed for in-demand technology jobs – where most will experience a 70 to 200 percent increase in salary.
The program in Jersey City will receive $580,000; San Jose will receive $275,000; and Dallas will receive $884,000 over two-years.
With JPMorgan Chase’s support, NPower will provide in-demand digital skills training and job placement services to support veterans in successfully transitioning into the civilian technology job market, in growing areas such as cybersecurity and coding.
With over 700,000 unfilled technology jobs in the U.S., according to JPMorgan Chase, digital skills are in high demand.
“The men and women who serve our country through military service make sacrifices and commit themselves to excellence in duty. It is only right that we help make their transition to civilian careers as successful as possible,” says Bertina Ceccarelli, chief executive officer of NPower.
The $2.3 million philanthropic investment will support veterans in three training programs: Tech Fundamentals, Cybersecurity and Coding.
