UPWARD MOBILITY

UPWARD MOBILITY

Our economic system needs to provide adequate employment and entrepreneurial opportunities for all to earn and contribute at the highest level possible, while producing useful products and infrastructure, and not destroying the planet as a habitat for humans.

EMPLOYMENT

Employers should:

  • Provide internships and hire opportunity youth, consistent with the 100K Opportunities Initiative of employers;
     
  • Provide the training, education opportunities, and support systems that  enable employees to advance;
     
  • Offer a decent minimum wage, health insurance, and sick days (including to care for sick family members);
     
  • “Ban the box,” that is, not require potential employees to indicate on their applications if they have a criminal conviction.

Unions should:

  • Make pre-apprenticeships and apprenticeships available for opportunity youth.
     

FINANCIAL LITERACY AND ASSET DEVELOPMENT

Schools, job training programs, community-based organizations, one-stop job centers, and even banks should:

  • Provide training in financial planning, credit management, savings, home ownership, avoidance of predatory loans, investment;
     
  • Connect young people to Individual Development Accounts (IDAs) for asset development.

ENTREPRENEURSHIP

Government and nonprofits should:

  • Offer small-business development opportunities in low-income communities for entrepreneurs, including low-interest loans; business incubation centers with co-working space, computer access, mentors, and training in business planning and pitching to investors; and other support.

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