Youth unemployment is a significant global challenge. According to a recent report by McKinsey & Company, young people worldwide are three times more likely than their parents to be out of work. In the Organization for Economic Co-operation and Development (OECD) countries, more than one in eight of all 15 to 24 year-olds are NEET (Not in Employment, Education or Training). Moreover, the International Labor Organization estimates that, globally, there are 75 million young people who are unemployed. Paradoxically, many entry-level jobs around the world remain unfulfilled because companies cannot find people with the right skills.
To address this problem, Alcoa Foundation created the Global Internship Program for Unemployed Youth. Over the course of two years, Alcoa Foundation will invest $1.25 million to provide workforce readiness training, paid internships with local manufacturers, and career planning and placement for more than 500 unemployed youth (ages 18 to 24) in Australia, Brazil, Canada, France, Russia, Spain, the United Kingdom and the United States. The goal is to equip unemployed youth with the skills and experience to start successful careers in the manufacturing sector.
The program is administered by the Institute of International Education (IIE) on behalf of Alcoa Foundation. To execute the program, Alcoa Foundation and IIE will partner with 10 nonprofit organizations in Australia, Brazil, Canada, France, Russia, Spain, the United Kingdom and the United States with existing job readiness and employment programs that offer both job training and internships with small and medium-sized manufacturing companies in the local community. Each nonprofit organization will receive an average of $125,000 to deploy a paid internship program in the community. In addition, local Alcoa offices will work with partner nonprofit organizations to identify volunteer mentors for the interns.
As part of the Global Internship Program for Unemployed Youth, Alcoa regional offices and IIE are partnering with local nonprofit organizations to deliver unique workforce development programs that will serve a total of more than 500 unemployed youth (ages 18 to 24) in Australia, Brazil, Canada, France, Russia, Spain, the United Kingdom and the United States. The goal of these programs is to provide youth with the workforce experience to pursue successful careers in manufacturing.
Each workforce development program will incorporate the following components:
Workforce Readiness and Counseling:
This component will enable participants to acquire the soft skills needed to succeed in the workplace. Soft skills are generally recognized as the interpersonal skills that help the worker function effectively in the workplace. For example, soft skills may include showing up to work on time, dressing appropriately, being able to communicate verbally and in writing, and solving problems.
This component will enable participants to acquire invaluable on the job training at small and medium sized manufacturing companies. The internship experience may entail safety training, job shadowing, and learning how to perform basic tasks using a specific type of manufacturing equipment.
Career Planning and Placement:
This component will enable participants to think strategically about their career options and develop career goals. The career planning and placement component will culminate in career fairs for all participants who have completed their internships. At the career fairs, participants will network with manufacturers and training and education providers. Ideally the career fairs will fulfill the participants’ immediate career goals by enabling them to secure employment or enroll in a program to further their education.
While each workforce development program will incorporate the aforementioned components, each partner nonprofit organization will design and implement its own unique program that is best suited for the needs of the local population and community being served.
The Alcoa Foundation’s Global Internship Program for Unemployed Youth aims to achieve the following outcomes:
- By the end of the program, 90% of program participants will have completed their internships and indicated an increase in knowledge related to post-secondary career and training/education options.
- Within six months after completing the program, 60% of program participants will have found employment and/or started a training/education program.
- By September 2015, 75% of program participants will be employed or be engaged in training/education opportunities.
Downloads will be available at a later stage.