NEO in the news


NEO Job Training Set to Reach 1 Million Latin American Youth

NEO Job Training Set to Reach 1 Million Latin American Youth

Author: ·/Wednesday, July 12, 2017/Categories: NEO In the news

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Three years after its creation, the New Employment Opportunities (NEO) alliance is improving the employability of poor and vulnerable youth in Latin America and the Caribbean.

Launched in 2012, NEO is a groundbreaking multisectoral partnership of major corporations, civil society, academia and the public sector that offers job training and placement services to young people throughout the region. When it began, 1 in 5 young people in Latin America and the Caribbean were neither at work nor in school. Today, the initiative is on track to achieve its target of reaching 1 million youth with work preparedness programs by 2022, according to its founders, the Multilateral Investment Fund (a member of the Inter-American Development Bank (IDB) Group), the International Youth Foundation and five of the region’s leading employers: Arcos Dorados, Caterpillar, CEMEX, Microsoft and Wal-Mart. The IDB’s Social Sector division has played a key role in bringing government agencies into the partnership.

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